While everyone was selling, he called it an 'opportunity': Famous strategist pointed to buying

Ed Yardeni, president of Yardeni Research, said the sharp selloff in AI-related stocks has been deepened by panic and the unwinding of leveraged positions, and declared that the caution period is over and buying opportunities now exist. The strategist argued that problems in data center investment could slow growth but will not end the investment cycle. His call comes as investors reassess AI valuations following a steep decline in the sector. Markets will watch whether data center spending holds up and whether the selloff stabilizes in coming sessions.