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HTX Research Examines U.S. AI Equities: Technology Remains Early, While Capital Expenditure and Valuations Have Entered the Late Cycle

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HTX Research Examines U.S. AI Equities: Technology Remains Early, While Capital Expenditure and Valuations Have Entered the Late Cycle

By Sai Krishna

APIA, Samoa , Aug. 23, 2026 /PRNewswire/ -- HTX Research, the dedicated research arm of HTX, has released a new report titled The Industrialization of Intelligence and the Bubble Cycle: Token Economics, Capital Expenditure, and the Repricing of Risk-Reward Across U.S. AI Equities . Its central argument is that the AI industry and AI equities are not at the same...