Why did AMD stock go down today? AI euphoria is fading fast

@Winnertakesall Your understanding of what is happening in AI is off-base. I don't like citing Yahoo! articles, but I don't have time to search for (or write) something more substantive.***********Why the AI spending boom won't end up like the 1990s tech bubblefinance.yahoo.com/...This meteoric rise, however, won't meet an end like what befell the network buildout plays that floundered after the tech boom of the 1990s, according to some on Wall Street.Today, we think there are many examples of companies that are generating a return using generative AI through product enhancements, productivity gains, or outright cost reductions," Jefferies equity analyst Mark Lipacis wrote in a note to clients on Thursday.In contrast, the 1990s saw companies invest into a Field of Dreams-esque "build it and they will come" hope, Lipacis argued. Today, AI is actually changing business outlooks.