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Tom Lee Sees Tech Selloff Nearing a Bottom, Favors Crypto and Nvidia

He argued that worries about AI funding and tight debt markets are limiting speculative excess.

An unbranded graphics card beside a curved metal strip / TokenPost.ai
An unbranded graphics card beside a curved metal strip / TokenPost.ai

Fundstrat Managing Partner and Head of Research Tom Lee said Oct. 22 that the technology selloff was in its final stages, and that he planned to add exposure to crypto assets and Nvidia.

Lee characterized concern over AI funding as a barrier to a speculative boom. He also said tight debt markets were constraining excessive risk-taking.

Sonny Jang

Reporter

Sonny Jang reports on people and leadership in digital assets for TokenPost. Send corrections or tips to info@tokenpost.com.

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