Is the AI bubble bursting? Nvidia, data centres and where to look next | Market Talk Ep02

Welcome to Market Talk, IG’s new show breaking down the trends shaping tomorrow’s markets, so you don’t have to. Angelina Ong is joined by Chris Beauchamp, IG’s Chief Market Analyst, and Julian Wheeler, US equities specialist and partner at Shard Capital, to unpack the sharp AI sell-off that followed the US midterms. They look at why Democrat wins in Texas hit the data centre trade, whether this is a bubble bursting or a reset, and what the Nasdaq 100’s lower valuation really tells us. They also cover the row over Nvidia’s founder, the Anthropic IPO, and the sectors and stocks that could benefit from here, from solar to banks. 0:00 Welcome to Market Talk 0:33 Texas turns blue and the data centre shock 3:43 Correction or AI bubble bursting? 5:13 Will politics slow the data centre build-out? 7:21 Why copper and rare earths were hit 10:14 Is AI now better value? 12:06 What history says about a 6% Nasdaq drop 12:47 Nvidia, Jensen Huang and key man risk 16:41 AMD, Broadcom and other chip alternatives 17:45 Have we passed peak AI? 19:30 Defensive stocks and the move to AI users 21:21 The Anthropic IPO and the AI trade 22:43 Safe havens, oil and the consumer 24:03 The end of November meeting and the case for solar 26:20 Homework: software and banks 27:27 CoreWeave and the circular financing question 31:38 Why waiting for the dust to settle can pay #MarketTalk #AIStocks #Nvidia #StockMarket #Investing 📈 Catch more market commentary and insights on our channel. Subscribe ► https://www.youtube.com/@iguk_official?sub_confirmation=1 Find out more: https://www.ig.com/uk/investments?region=uk&utm_medium=organic_social&utm_source=youtube&utm_campaign=description&product=investing&utm_marketing_tactic=consideration&utm_creative_format=text_link&utm_content=yt_description&audience=na Your capital is at risk. 70% of retail investors lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.