Six of the 7 categories we cover dropped this week, compared with 3 in March. The data clearly indicates that the surge in this sector is stalling or perhaps is even over.

No AI category went down in February, but 3 did in March - confirming my comment last week that "the surge in this sector is stalling."

Of the 10 small cap AI stocks we analyze, the average stock price was $6.70/share and, while 5 of the 10 stocks were up in March, the average stock price for the ten was down 17.4%.

The ten stocks in our Small Cap AI Stocks Index were in bubble mode in December, going up 17.3%, on average that month, but the bubble began to deflate in January. The Index went down 1.9% last week and is now down. 14.8% YTD.

The quantum computer revolution may still be far off, but the 9 non-mega-cap QC companies trading on American stock exchanges are up another 8% in December. Meanwhile one big company throws in the QC towel.