Is cutting AI spending more beneficial? Bank of America provides a counterintuitive assessment: Although "unpopular," it may extend the economic cycle, and chip stocks could see a longer period of profitability.

Is cutting AI spending more beneficial? Bank of America provides a counterintuitive assessment: Although "unpopular," it may extend the economic cycle, and chip stocks could see a longer period of profitability.

智通财经2026/11/03 00:46

Show original

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Zhihu Finance APP has learned that recently, market concerns have intensified due to factors such as the U.S. midterm elections, worries about rising costs for artificial intelligence infrastructure, and doubts about the sustainability of the current spending boom. Bank of America stated that although any form of spending cuts may be seen as an "unwelcome" signal for investors, in fact, it could extend the spending cycle.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Is cutting AI spending more beneficial? Bank of America provides a counterintuitive assessment: Although "unpopular," it may extend the economic cycle, and chip stocks could see a longer period of profitability.

You may also like

Crypto prices