Tom Lee warns next week could be a "key turning point" for US stocks: Nvidia's performance will determine whether AI confidence can be reignited

Odaily Planet Daily News: Tom Lee stated that next week could become an important "clearing event" for the US stock market, as the market reassesses enthusiasm for artificial intelligence (AI) investment and uncertainty surrounding Fed policy.

Tom Lee pointed out that the core issue for the current market is whether investor confidence can recover after the recent cooling of AI trading. AI-related stocks have recently stalled, influenced by two main factors: on one hand, concerns over data center investment demand and profit returns; on the other, certain political factors have also added uncertainty to the development of the AI industry.

However, Nvidia CEO Jensen Huang could be the key figure to revive market confidence. If Nvidia can prove that demand for AI infrastructure remains strong, sustained order growth and market demand may drive capital back into the AI sector.

Meanwhile, Tom Lee stated that uncertainty over the Fed's policy outlook continues to increase, and remarks from officials in the coming sessions will serve as important signals for the market to gauge the interest rate path.

Market participants believe that Nvidia-related news and Fed officials' statements next week could be key catalysts influencing tech stocks and overall risk assets, with investors focusing on whether the AI rally can regain upward momentum.