Bank of America" ​​believes that the wave of selling witnessed by the artificial intelligence sector and the entire market on Thursday stems from a contraction in value multiples, and not from fundamental changes in profit expectations. The bank's analyst "Vamsi Mohan" wrote in a note: "The recent sale in shares of technical hardware companies related to artificial intelligence was due to a decrease in valuation multiples, not a decrease in earnings estimates." He went on to say: "Our estimates for earnings per share through fiscal year 2028 are still at or above the consensus expectations of most companies in this sector." Many analysts have described U.S. stock markets in recent months as "ideally priced," which means the boom in the artificial intelligence sector has pushed stock prices to very high levels, according to CNBC.

Bank of America" ​​believes that the wave of selling witnessed by the artificial intelligence sector and the entire market on Thursday stems from a contraction in value multiples, and not from fundamental changes in profit expectations. The bank's analyst "Vamsi Mohan" wrote in a note: "The recent sale in shares of technical hardware companies related to artificial intelligence was due to a decrease in valuation multiples, not a decrease in earnings estimates." He went on to say: "Our estimates for earnings per share through fiscal year 2028 are still at or above the consensus expectations of most companies in this sector." Many analysts have described U.S. stock markets in recent months as "ideally priced," which means the boom in the artificial intelligence sector has pushed stock prices to very high levels, according to CNBC.