Why healthcare is the ‘ultimate hedge’ against an AI correction, according to Kepler Cheuvreux

Key Points

Talk of an AI bubble has grown since high-profile investor Michael Burry, known for predicting the housing meltdown ahead of 2008, revealed he is shorting AI players like Nvidia and Palantir.
Healthcare, meanwhile, is recovering after a perfect storm, according to Kepler Cheuvreux analysts.
The sector is also increasingly benefiting from AI adoption which is driving efficiencies and innovation, Arnaud Girod, head of economics and cross asset strategy at Kepler Cheuvreux said.

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