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The current bull market in U.S. stocks is driven by AI, with hardware companies like NVIDIA, TSMC, SK Hynix, and Intel all making money.
However, many companies that supply the tools, such as OpenAI, Elon Musk's AI company, are losing money, while some profitable companies like Kuaishou's KeLing AI exist.
When will the companies that supply the tools become profitable? If they can’t turn a profit forever, will it cause the collapse of the U.S. stock market?