“Tom Lee Calls Bottom on AI Stock Selloff, Citing Tight Supply and Crypto Resilience”

Key points

• Tom Lee told CNBC the AI stock selloff has reached its bottom, citing tight supply.
• He argues demand growth remains constrained and supply shortages persist in AI infrastructure.
• Intel’s earnings miss amid rising data center AI revenue illustrates a mixed picture.
• Lee points to Binance hack fallout as evidence crypto investors are already selling less.
• Crypto funds and leveraged positions saw notable outflows, suggesting fewer sellers.