Why Wall Street Analysts Say We're Not in an AI Bubble

1. Nvidia and OpenAI deals raise concerns about an AI bubble forming. 2. Analysts suggest AI investment mostly funded by profitable tech companies. 3. BofA believes circular deal concerns are overstated, only 5-10% of AI spending. 4. Goldman Sachs warns of unsustainable concentration in major tech stocks. 5. Recent IPOs and rising debt may signal increased systemic risks.