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Hedge fund Elliott says AI is 'overhyped', Nvidia stock 'a bubble'
Nvidia stock is in a “bubble” and its rally is being driven by an “overhyped” AI technology, hedge fund Elliott Management has told investors in a letter seen by the Financial Times.
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Billionaire Paul Singer Says He’s Staying Away from Apple (AAPL) and Other AI Bubble Stocks
Billionaire Paul Singer’s Elliott Management has reportedly said in a latest letter to investors that mega-cap AI tech stocks are in “bubble land” and Nvidia is “overhyped.” The fund ...
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Paul Singer's Elliott Management bets against Nvidia after calling it a 'bubble' and saying AI is 'overhyped'
In a client letter obtained by The Financial Times last year, Elliott's bosses said that Nvidia and other Big Tech stocks were in "bubble land" and questioned whether the massive demand for Nvidia ...