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2 Artificial Intelligence (AI) Stocks That Could Fall 19% and 65%, According to a Pair of Wall Street Analysts

TheMotleyFool 
0 0 22.04.24
2 Artificial Intelligence (AI) Stocks That Could Fall 19% and 65%, According to a Pair of Wall Street Analysts: https://g.foolcdn.com/editorial/images/773622/popping-the-stock-market-bubble.jpg
 

Artificial intelligence (AI) stocks are suddenly seeing red. The segment plunged last week after a pair of earnings-driven declines from ASML and Taiwan Semiconductor, two leaders in semiconductor manufacturing, sparked a broader sell-off.

On Friday, one analyst questioned Super Micro Computer's (NASDAQ: SMCI) decision not to release preliminary revenue results, even though it had become a custom, and that led to a bloodbath. Supermicro stock finished the session down 23%, Arm Holdings lost 17%, and Nvidia (NASDAQ: NVDA) finished the day down 10%.

Is the AI bubble bursting, or is this just a temporary sell-off? No one knows the answer to that question, but a pair of Wall Street analysts think two top AI stocks, Nvidia and Supermicro, are both headed lower. Keep reading to see why.

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Source Fool.com

Nordic Semiconductor Stock

€10.92
-3.440%
Nordic Semiconductor took a tumble today and lost -€0.390 (-3.440%).

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