Summary
The article discusses the significant impact of AI-related stocks on the stock market, particularly emphasizing Nvidia's role. OpenAI's CEO, Sam Altman, highlights the need for substantial energy resources to support AI growth, despite financial losses. The narrative also explores differing views on whether AI investment is a bubble, featuring opinions from various industry figures.
Key Facts
- AI stocks have contributed to about 75% of the S&P 500's total returns since 2022.
- Nvidia's stock alone accounted for 18% of the S&P 500's gains this year.
- OpenAI reported a $12 billion loss in the third quarter of 2025.
- OpenAI aims to add 100 gigawatts of new energy capacity in the U.S. annually.
- Nvidia's market value dropped significantly from a $5 trillion peak.
- A deal between Oracle and OpenAI led to a temporary surge in Oracle's stock, later offset by financial setbacks.
- Investor Michael Burry, known for predicting the 2008 financial crisis, is betting against Nvidia and Palantir by using put options.
- Industry experts hold mixed views on whether the AI market is experiencing a speculative bubble.
