Many AI companies recently suffered sell off because of negative cash flow, so cash flow is quite important to investors. But I think the recent market sell off in the AI sector is excessive and irrational. I hope it will recover back up soon. I don’t think the Democrats will stop AI growth, so the worry is a bit over reaction. Market can be irrational sometimes in the short run.
AMD strong earnings show that AI demand is strong and unmet by current supply. I believe AMD, semiconductor and memory sectors will continue their rally. The long term prospect of AI is good. AI increases productivity and improves quality of life.
Today is the first day after the midterm elections. There is some recovery in the tech sector. I hope the recovery would continue. I still believe in the long term prospect of AI companies. Go go go!