DBS Bank: The issue of overvaluation of AI stocks in the US market is very concerning, especially the so-called "Tech Seven Giants" in the US market.
DBS Bank CEO Chen Shushan recently warned at the Global Financial Leaders Investment Summit held in Hong Kong, China that the US market is expected to experience turbulence in the future. Chen Shushan expressed concerns about the overvaluation of US AI stocks, especially the so-called "Tech Big Seven" in the US market - Amazon, Alphabet, Meta, Apple, Microsoft, Nvidia and Tesla. Chen Shushan said: "For example, you have trillions of dollars tied up in these 7 stocks. So inevitably, worries will arise in this very concentrated situation. People will definitely worry about when this bubble will burst."
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