AI Hyperscaler Valuation Rebound
AI hyperscaler stocks look oversold, making their valuations attractive.
Too little corroboration in the last 3 days to call a trend (4 articles). Watching for it to gain traction.
"The Nasdaq 100 rose more than 2% as investors piled back into beaten-down tech names, particularly hyperscalers and some memory stocks that sold off heavily in recent weeks"
"AI stocks were once again at the center of the action, and they rose for a second straight day after tumbling the week before. Micron Technology jumped 6% and added to its 1.9% gain from the day before, coming off its 13.3% drop from last week."
"AI stocks were once again at the center of the action, and they rose for a second straight day after tumbling the week before. Micron Technology jumped 6% and added to its 1.9% gain from the day before, coming off its 13.3% drop from last week."
"That said, so-called AI hyperscaler stocks look “way oversold,” making their valuations attractive, according to Jay Hatfield, chief executive officer at Infrastructure Capital Management."