The Great AI Unwind: Capitulation Or The Next Buying Opportunity?
The AI stress test
Tech is under pressure, hedge funds are aggressively cutting exposure, and volatility is flashing warning signs. Yet Nasdaq remains stuck in its range. Meanwhile, the AI boom faces a growing financing test, with rising borrowing costs and increasingly interconnected credit risks. From potential contagion in the Nvidia ecosystem to the surprising beneficiaries of an AI bust, the second-order implications are mounting. Is this another leg lower, or is the positioning washout setting up the next buying opportunity?