AI trade isn't a bubble, says BD8's Barbara Doran

Group 1: Broadcom and AI Market - Broadcom's stock is considered a strong buy due to accelerating growth rates, with a backlog of approximately $73 billion and AI revenue increasing over 70% [1] - The management anticipates that chip demand will double over the next 18 months, indicating sustained growth in the AI sector [1] - The current AI adoption among corporations is still in the single digits, suggesting significant room for growth as more companies move from testing to full implementation [1] Group 2: Comparison of Starbucks and Nike - Starbucks is viewed as a turnaround story with positive same-store sales reported for the first time in seven quarters, indicating effective initiatives by the new CEO [1] - Nike, on the other hand, is facing challenges due to a shift to direct-to-consumer sales that has led to loss of shelf space and increased competition, making its recovery more difficult [1] Group 3: Gold and Metals Market - Gold is expected to maintain or increase its value due to structural changes in central bank policies following geopolitical tensions, particularly after Russia's invasion of Ukraine [1] - Continuous buying from central banks, especially in emerging markets, is anticipated to support gold prices [1] - Other metals like silver, copper, nickel, and aluminum are driven by the data center build-out related to AI, suggesting ongoing demand in the coming years [1]