Invesco’s Levitt: AI Buildout Entering Necessary Correction, Not a Bursting Bubble

Cointime reports: Invesco Chief Global Market Strategist Brian Levitt said on Nov. 6 that the recent slump in AI-related stocks reflects a necessary adjustment in the AI infrastructure buildout, not the bursting of an AI bubble or the end of the investment theme. Rising borrowing costs and heavy capital needs for data centers are raising the bar for new projects, and a more measured pace of capacity expansion could support healthier, more sustainable industry growth. He maintained that demand for computing power will keep growing.