Tom Lee: The British Weeda valuation is still low and some AI shares are weak because funds are diverted to Britain and China Da
In a presentation on CNBC, Chairman Tom Lee of Bitmine said that the strong performance of Ingweida had driven the rise in stock prices and that investors valued corporate fundamentals. The strong software shares of Salesforce, CrowdStrike and Okta reflect the market response for downstream AI transactions. With regard to the weak performance of AI-related stocks such as Meta, Amazon, Alphabet, AMD, Migwang and others, Tom Lee believes that investors sell other technology shares to boost British Wida. Young Weida expected an increase in profitability and a contraction in market earnings, with a lower current valuation. The construction of the data centre became a political issue in the mid-term elections in the United States, and some states considered suspending the project, leading to a shift in funding to the lower AI target。
