AI has been carrying the stock market. An industry pause could pull the rug out, warns this Wall Street giant.
Reported by MarketWatch · marketwatch.com ·
Citigroup warns that if artificial-intelligence model developments slow, earnings revisions could follow, and those have been a crucial factor in stock gains this year.
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What to watch: Monitor chip inventory cycles — overhang periods precede sharp upside moves in semis.
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