Amid market volatility caused by the expansion of AI investment, around 70% expect the AI rally to resume, with the second act seen coming after the midterm elections. A survey of the Nikkei Veritas expert network also showed an optimistic forecast that the Nikkei Average will exceed ¥80,000 by the end of March 2027.
Caution over a slowdown is mounting in artificial intelligence (AI) investment, which has continued to expand, and risk factors are spreading across the market. At the same time, uncertainty is also increasing on the political front ahead of the US midterm elections on 3 November.
Nikkei Veritas surveyed the outlook for the market through its network of market experts, the “Veritas Roundtable.” The survey consists of reports based on primary and disclosed information, and readers may also be paying attention to risk factors.
The key findings were that around 70% expect the AI rally to resume and that the growth story surrounding AI-related companies will be reassessed. An optimistic forecast that the Nikkei Stock Average will exceed ¥80,000 by the end of March 2027 also emerged.