The recent selloff in artificial intelligence-related sectors warrants diversification in tech investments, MFS Investment Management's Benoit Anne says in a note. The volatility reinforces the case for diversifying away from the giant tech companies, he says. "The focus is shifting from simply owning AI to owning the right parts of AI." (miriam.mukuru@wsj.com)
Dow Jones Newswires
Concerns Around AI Call for Diversification Within Tech Sector — Market Talk
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The recent selloff in artificial intelligence-related sectors warrants diversification in tech investments, MFS Investment Management's Benoit Anne says in a note. The volatility reinforces the case for diversifying away from the giant tech companies, he says. "The focus is shifting from simply own…