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cailianshe news, september 4 (edited by zhao hao)as with many periods of stock market mania, artificial intelligence technology first drove a surge in the share prices of some companies, followed by a bunch of more questionable companies.

wall street's approach is to buy all the stocks first and let time distinguish which of them are real and which are fake. at present, investors are betting that some "former ai darlings" will fall, such as super micro computer and lumen technologies.

last week, amd, which was targeted by the well-known short-selling institution hindenburg, fell more than 28%. ken mahoney, ceo of mahoney asset management, said, "we are distinguishing between winners and losers."

analysts point out that artificial intelligence technology may still help change the economy and create opportunities for hundreds of companies. but in the stock market, companies that ultimately achieve technological success will still face many twists and turns, just as there was a bubble burst during the internet boom.

last week, the market's reaction to nvidia's earnings report showed the fragile sentiment in the financial markets. even though the chip giant's performance indicators exceeded expectations across the board, its stock price plummeted by more than 6% in a single day simply because its revenue expectations for the next quarter did not meet "higher standards."