1 Billionaire's Optimistic Take on AI Means Investors Should Buy the Chip Dip
Oracle(ORCL) The Motley Fool·2024-09-12 16:45
Oracle's Larry Ellison doesn't see an AI slowdown, so why should you?AI semiconductor stocks have taken a big dip from their July highs. But is the drop an opportunity, or is there an AI bubble deflating?AI skeptics abound over the technology's ultimate usefulness, or whether the strong spending can continue if there is a slowdown in the economy.However, the one place you won't find evidence of an AI slowdown is in the earnings calls and commentary from technology executives themselves. This week, Oracle (O ...