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CNBC AI · 2026/7/29 08:29:10
UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch

UBS CEO says the AI pullback is healthy — but there’s a bigger risk investors should watch

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UBS首席执行官塞尔吉奥·埃尔莫蒂最近放话:AI板块近期的回调其实是件好事,但投资者更该提防的是另一个风险——地缘政治动荡。通俗来说,就像过热的股市需要偶尔降温,AI概念股近期下跌只是市场在挤泡沫,反而能让真正有实力的公司脱颖而出。埃尔莫蒂指出,UBS自己二季度利润就涨到了36亿美元,说明只要选对方向,AI的长期价值依然被看好。但更大的隐忧在于全球局势不稳,比如贸易摩擦、地区冲突等,这些“黑天鹅”可能随时冲击整个市场,比单纯的AI回调更值得警惕。对普通人而言,如果你想投资AI相关股票或基金,不必因为短期下跌就恐慌抛售,反而可以留意那些基本面扎实的企业。但要记住,地缘政治这类宏观风险往往难以预测,分散投资、别把所有钱押在科技股上才是更稳妥的策略。UBS作为大行也在借机调整布局,利用AI回调带来的低价机会,同时严控整体风险——这也许是普通投资者可以借鉴的思路。
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