
No AI bubble here: VanEck highlights real cash-flow backing expansion

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VanEck has dismissed fears of an AI bubble, stating that the current AI expansion is fundamentally different from the dot-com era. The firm emphasizes that today's growth is backed by real profits and significant infrastructure investments from profitable tech companies, unlike the speculative nature of the late 1990s. Major firms like Amazon, Microsoft, Alphabet, and Meta are committing substantial capital expenditures towards AI and cloud computing, indicating strategic financial decisions rather than speculative risks.
