after posting stellar earnings in the last quarter and giving hugely upbeat guidance , largely due to enthusiasm for the company's artificial intelligence chipsets.
"I think AI is going to be a new mini-version of the dot-com," Cashin said."Everything you hear, it's going to have an AI inflection, everything from new drugs and medicine, to predictive natures of all types. This is going to be interesting." , the buzzy AI bot that can spit out sophisticated responses to questions about seemingly anything., and that some AI firms are overvalued in a way that's similar to the speculative bubble in internet stocks in the early 2000s.
But investors appear to have shrugged off that possibility, with few signs that the artificial intelligence hype slowing down. Tech giants like Apple, Microsoft, Alphabet, Nvidia, and Amazon have surged as they rush to compete in the AI arms race and roll out their own ChatGPT competitors. The