[Bank of America Analyst: Defensive Sectors May Shine If AI Hype Fades] BlockBeats News, June 25, Bank of America strategist Sebastian Raedler warned investors that if AI spending proves unsustainable, they should consider defensive sectors such as consumer staples and pharmaceuticals. He believes that with the emergence of cheaper models and customer resistance to higher prices, AI profitability may decline. While optimistic forecasts from Micron and Qualcomm have boosted market sentiment, Raedler stated that if AI trading weakens, bonds and defensive stocks may perform better.