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Ken Griffin warns of an AI bubble but Citadel invests billions in AI leaders like Amazon and Nvidia.

Market News
22 Oct 2026
24/7 Wall Street
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Ken Griffin warns of an AI bubble but Citadel invests billions in AI leaders like Amazon and Nvidia.

Billionaire hedge fund manager Ken Griffin calls the current AI investment surge a bubble due to speculative excess and uncertain future demand. Despite his warning, his firm Citadel holds about $8.6 billion in major AI-related stocks including Amazon, Nvidia, Microsoft, Broadcom, and Alphabet, showing confidence in the sector's long-term potential. Griffin highlights that while AI infrastructure spending may lead to oversupply and price drops, revolutionary companies could still emerge as winners. Investors are advised to focus on profitable companies and manage risk amid the hype.

As of Oct 22, 2026 23:22 WIB, AI-related stocks like Nvidia and Amazon show contrasting investor sentiment on Pluang. Nvidia trades at USD 213.99, down 3.55% for the day but still near its 52-week high of USD 239.27, while Amazon is at USD 253.10, also down 3.53%, closer to its 52-week low of USD 198.79. This mix of price levels and Pluang order activity suggests varied confidence in AI leaders amid ongoing market volatility.

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