UBS places the AI bubble burst in the summer of 2027

UBS puts figures and a date on the bursting of the AI bubble in the markets: it places it in the summer of 2027, with the S&P 500 falling to 5,500 points, a 25% drop, and the Euro Stoxx 600 losing 12.6%, with contagion to the IBEX 35. The bank's thesis rests on data center growth and the demand linked to Nvidia and the hyperscalers, and warns that a two-year delay in that demand would alter the scenario.