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Artificial intelligence stocks are currently being impacted by broader geopolitical turmoil.
According to Puru Saxena, while the sector may be facing challenges now, he believes AI stocks will emerge as market leaders once the current turmoil subsides.
Saxena previously noted a broad selloff in AI and software stocks as risk assets tumbled during periods of heightened global tensions. In another instance, he observed that EMAAR Properties formed a higher low and higher high as market optimism returned with hopes for the end of conflict. These observations provide additional context to current moves in the tech sector.