tech · · Source: Bloomberg
AI Slowdown Is More Macro Than Tied to One Company: T.Rowe Price’s Wang
Tony Wang, Portfolio Manager at T.Rowe Price, says investors are looking for AI-related spending to translate into better-than-expected revenue across companies’ core businesses and cloud operations, while also improving margins. He describes demand for AI chips as unprecedented, but warns that rapid shipments can strain supply chains and create bottlenecks, raising execution expectations.