Is There an AI Bubble?

Ken Fisher, the founder, Executive Chairman, and Co-Chief Investment Officer of Fisher Investments, reviews whether artificial intelligence stocks are currently in a bubble. He explains that true market bubbles are rare occurrences—yet, in recent years, investors have grown quick to label market trends as bubbles. In a real bubble, there’s almost never any talk about it until after it bursts. According to Ken, the more people talk about how something is a bubble—whatever it may be—the more it reflects fear, which is almost exactly the reverse of what a bubble is. Today, while there is some speculative activity in the space, the largest investors are highly profitable global Tech giants. According to Ken, this is a stark contrast to a true bubble, which is typically fueled by speculative, unprofitable ventures—like those that characterized the dot com bubble. For more of Ken Fisher's thoughts on the markets, visit us at https://www.fisherinvestments.com. To make sure you never miss an update, subscribe to our channel: https://www.youtube.com/@fisherinvestments?sub_confirmation=1. Have any feedback on this video? We would greatly appreciate if you could complete this 1-minute survey: https://fi.co1.qualtrics.com/jfe/form/SV_6Vw1ezlogR044S2?VideoCode=KFWeekly7Nov2025 Want to learn more about the insights and support our clients enjoy? Explore Fisher Investments' free educational webinars: https://www.fisherinvestments.com/en-US/insights/webinars. To learn more about Fisher Investments’ reviews of markets and financial topics, download the Fisher Market Insights Mobile App, available for iOS on the App Store (https://apps.apple.com/us/app/fisher-investments/id1169932255) and for Android on Google Play (https://play.google.com/store/apps/details?id=com.fisher.investments&hl=en_US). Connect with Fisher Investments on: • Facebook - https://www.facebook.com/FisherInvestments • X - https://twitter.com/fisherinvest • LinkedIn - https://www.linkedin.com/company/fisher-investments • Instagram - https://www.instagram.com/fisher.investments • TikTok - https://www.tiktok.com/@fisher_investments You can also follow Ken Fisher here: • Facebook - https://www.facebook.com/KenFisher.FisherInvestments • X - https://twitter.com/KennethLFisher • LinkedIn - https://www.linkedin.com/in/ken-fisher/ • Instagram - https://www.instagram.com/kenfisher_fisherinvestments/ Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.