Consensus earnings growth for AI stocks to plunge sharply: Report

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New Delhi, Oct 17 Consensus earnings growth for AI?related stocks in the MSCI AC World Index is expected to plummet from nearly 100 per cent in 2026 to 30 per cent in 2027 and about 22 per cent in 2028, a new report has said, as chipmakers suffered sharp losses this week. “It has become time to diversify beyond AI,” the report from investment bank Jefferies said as global equity markets saw a sharp selloff this week as investors grew increasingly sceptical about the sustainability of the AI trade and mounting debt concerns. However, the investment bank continues to hold…

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