Is the artificial intelligence (AI) market in a bubble? If not, it is certainly circular.
Business News
The Circular Nature of the AI Bubble – Swamponomics
AMD, Intel, Nvidia, OpenAI, and back to AMD.
PublishedOct 23, 2025
About the Author

Andrew Moran
Economics Editor
Economics Editor at LibertyNation.com. Andrew has written extensively on economics, business, and political subjects for the last decade. He also writes about economics at The Epoch Times and financial markets at FX Daily Report. He is the author of “The War on Cash.” You can learn more at AndrewMoran.net.
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