Is AI Repeating the Internet’s 1998 Drawdown? Dan Niles Thinks So
Dan Niles does not think the artificial intelligence (AI) market has peaked, crediting agentic AI for that view. Still, he has spent weeks advising investors to hold more cash and stay cautious. His caution lands days before Microsoft, Alphabet, and Amazon report earnings. Chip stocks have already fallen faster than the market. The PHLX Semiconductor The post Is AI Repeating the Internet’s 1998 Drawdown? Dan Niles Thinks So appeared first on BeInCrypto.
Key Takeaways
- Dan Niles does not think the artificial intelligence (AI) market has peaked, crediting agentic AI for that view.
- Still, he has spent weeks advising investors to hold more cash and stay cautious.
- His caution lands days before Microsoft, Alphabet, and Amazon report earnings.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in AI x Crypto
Calpers pulls back from big tech as AI jitters deepen neocloud sell-off
California’s pension fund shifts toward private equity as investors question tech valuations and the payoff from soaring AI spending.
Top 5 AI Crypto Coins of October 2026
Artificial Intelligence is changing how technology handles information, automates processes, and makes decisions. As this technology expands into the crypto ecosystem, blockchain projects are finding new ways to combine AI with decentralised infrastructure.…
Musk warns over 200 AI neoclouds face ‘guppy-level death’
The warning comes as Gartner forecasts that more than 80% of specialist cloud providers will cease operating independently by 2030.