Bill Ackman Has a Warning for Artificial Intelligence (AI) Investors

Bill Ackman warns AI investors against overexposure to memory stocks amid soaring valuations. The Roundhill Memory ETF surged 9.89% and doubled since early April, with Micron Technology reaching $1 trillion valuation. Ackman compares current trends to the dot-com bubble, warning that short-term capital flows into chips and memory may leave high-quality assets behind.