Strategist Tom Lee, head of research at Fundstrat, says he is buying the dip in artificial intelligence stocks despite current tensions on equity markets. He remains confident and highlights upcoming quarterly earnings as well as Nvidia’s conference scheduled this week in Berlin. South Korea’s equity market breaking its July lows has fueled fears of an AI-related debt problem. According to Tom Lee, Cisco would hold a key role in this context. In a video bulletin to clients on Monday evening, the strategist stated that the panic around AI was overblown.
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