Analyst: US AI Stocks Undergo a Mild and Necessary Correction, Focus on Whether Nvidia’s Earnings Can Stabilize the Market

According to a report by Jinse Finance, AJ Bell analyst Danni Hewson stated that after a period of strong gains, stocks related to artificial intelligence are now experiencing what appears to be a mild and perhaps necessary correction. She pointed out that the broader sell-off among U.S. tech giants was triggered by a report from MIT, which revealed that 95% of companies have yet to see returns from their investments in generative AI. “Investors will be watching closely to see whether AI sector stock prices stabilize here or if the sell-off continues.” She added, “Nvidia’s (NVDA.O) quarterly earnings next week now appear even more critical than before.”