Artificial intelligence companies, which have significantly boosted the stock market in recent years, are now scaling back on chip spending and canceling projects, signaling a potential downturn. This shift could lead to reduced demand for semiconductors, impacting stocks like Nvidia that have thrived on AI-related growth. As the market faces the possibility of a bear phase, investors might find opportunities to buy stocks at discounted prices.

Two stocks to consider in this context are Airbnb (ABNB) and Interactive Brokers (IBKR). Airbnb, with a market cap of $75 billion and a P/E ratio of 30, is well-positioned to weather downturns due to its asset-light model and strong cash reserves. Meanwhile, IBKR, a fast-growing brokerage with a P/E of 29, has seen its active accounts surge by 31% year over year, indicating substantial market share potential despite current market volatility.

Investors should watch for potential dips in these stocks as the AI bubble deflates, presenting opportunities to acquire shares at more attractive valuations ahead of long-term growth.

Source: fool.com