Norway's $2.2T Sovereign Fund Models 'AI Correction' Crashing Nvidia, Broadcom—And The Results Are Brutal - Broadcom (NASDAQ:AVGO), NVIDIA (NASDAQ:NVDA)

Norway's $2.2T Sovereign Fund Models 'AI Correction' Crashing Nvidia, Broadcom—And The Results Are Brutal - Broadcom (NASDAQ:AVGO), NVIDIA (NASDAQ:NVDA)

Norges Bank Investment Management (NBIM), which runs Norway's $2.2 trillion sovereign wealth fund, has modeled a brutal “AI correction” —and the stress test shows equities down 53%. What NBIM Modeled In the fund's “AI correction” scenario, where the capex boom fails to produce real productivity gains, the model shows equities plummeting by 53% and the fund’s total value dipping by 35%, while fixed income increases by 10%. NBIM assumes central ba…