Why are AI stocks down today? I’m reporting from CES 2026, and Nvidia and AMD CEOs Jensen Huang and Lisa Su don’t call it artificial intelligence, but AI™.

All of this calls into question: is the AI bubble about to pop, or does nothing ever happen and the bull run continues?

AI can be in a bubble and still be the future; the dot-com bubble didn’t spell the end of the internet, but the beginning. Here are two AI stocks we are investing in; meanwhile, a brand new crypto presale is surging. Here’s what to know:

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Why Are AI Stocks Down Today: Is The AI Bubble About to Pop?

(Source: TradingView)

You really do have to make up your own mind about artificial intelligence. At CES 2026 we’ve met plenty of sharp people who think AI is a fad, a glorified autocomplete that will never justify its valuations.

We also talked to just as many who believe it will quietly rewire the global economy the way electricity once did. We fall firmly in the second camp, yet nonetheless,  AI fatigue was all over CES this year.

That tension is now baked into markets. According to The Motley Fool, 41% of investors believe AI stocks have become speculative and detached from fundamentals, while just 26% think current valuations are sustainable.

If that bubble doesn’t pop, however, here’s where the smart money is investing: Bubble talk is loud.

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2 AI Stocks That Smart Money Is Betting On

Amazon is rarely framed as an AI stock, which is exactly why it is underrated. AWS remains the backbone for AI workloads globally, with $93.1 Bn in revenue through the first three quarters of 2025. Services like Amazon Bedrock position AWS as an operating system for generative AI.

Additionally, Amazon holds roughly $67 Bn in cash with strong interest coverage, according to Morningstar. If AI spending dips, AWS won’t plummet like Nvidia or AMD, but consolidate.

(Source: CoinGecko)

Our second pick is ASML, which has become essential AI infrastructure. ASML is the sole manufacturer of EUV lithography machines required to produce advanced AI chips. Customers like TSMC and Intel cannot scale cutting-edge silicon without it.

ASML also carries a net cash position of roughly €2.4 billion, giving it resilience if capex cycles wobble.

DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2026

Are Crypto Presales Dying Too Or Is Maxi Doge The Next Shiba Inu?

Although AI stocks are finally seeing some pushback, crypto presales are doing the most in this bear market. One of those is Maxi Doge (MAXI), which is aiming for Shiba Inu’s throne with its irreverent branding and utility closer to what you’d expect from a modern Ethereum project.

The presale has already pulled in over $4.4M at a token price of $0.0002775, and the team is leaning hard into a mix of comedy and calculated incentives.

What Maxi Doge does best is be a meme with high memetic value. Moreover, about a quarter of the total supply for Maxi Doge is set aside for community rewards and partnerships with high-leverage trading platforms, giving MAXI a built-in engine for speculation and user engagement. Holders can also stake their tokens for triple-digit annual yields, over 100%.

It’s still a meme coin at heart, but MAXI’s structure shows it could be more.

Visit MAXI Here

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Key Takeaways

  • All of this calls into question: is the AI bubble about to pop, or does nothing ever happen and the bull run continues?
  • What Maxi Doge does best is be a meme with high memetic value. Moreover, about a quarter of the total supply for Maxi Doge is set aside for community rewards.

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Isaiah Mccall
Isaiah Mccall
99BTC Japan Correspondent

Isaiah McCall is an ultramarathon runner and Japan Correspondent for 99Bitcoins. He started at USAToday in 2019 and now has a Medium blog following of 30k+ and millions of views. Follow him at @AfroReporter Read More

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