OpenAI's ChatGPT application launched in November 2022 and amassed 100 million users within just a couple of months, marking the beginning of the artificial intelligence (AI) boom. Since then, many stocks in the semiconductor, cloud computing, and even software industries have delivered blistering returns, leading the broader market higher. But volatility is on the rise as investors question the sustainability of the AI infrastructure spending boom. Practically every stock in the AI sphere is pulling back, including some of the highest-quality names:
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