Tony Wang, science and technology equity strategy portfolio manager at T. Rowe Price, says the AI boom is not necessarily over, but markets are reassessing its pace, feasibility and long-term returns. Speaking on "Bloomberg The Close," Wang attributes the selloff to crowded positioning, leverage and momentum-driven trading. (Source: Bloomberg)
Tony Wang, science and technology equity strategy portfolio manager at T. Rowe Price, says the AI boom is not necessarily over, but markets are reassessing its pace, feasibility and long-term returns. Speaking on "Bloomberg The Close," Wang attributes the selloff to crowded positioning, leverage and momentum-driven trading. (Source: Bloomberg)
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