Jeff Gundlach says making AI chips an asset class looks like a market top

Jeff Gundlach has criticised Nvidia’s plan with six asset managers to mobilise more than $500bn for AI infrastructure, asking why assets of unknown life are collateral for long-term debt. Mark Cuban compared chips as an asset class to crypto. Jeff Gundlach thinks Wall Street has told on itself. “Assets of unknown life as collateral for […]
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