AI Bubble Bursting: Hedge Funds Are Furiously Shorting Semi Stocks

Don't look now, but the AI bubble is going, going, almost gone...

Two weeks after a top JPM TMT trader admitted that "AI Hype Continues To Wane... The Experience Of These Products Has Underwhelmed Users", and one week after Vanda Research reported that "the allure of AI stocks is steadily waning, with retail investors showing a decline in their net purchases of AI-related stocks"...

ai bubble bursting hedge funds are furiously shorting semi stocks

Authored by Tyler Durden via ZeroHedge September 19th 2023