Prior to the NASDAQ hitting its peak in 2000, a series of events initiated a dot-com bubble that would be remembered for decades. Today we have an Artificial Intelligence bubble headed for the same fate. One clear comparison is the price chart of NVIDA in 2024 vs. Apple in 2000. NVIDA’s price scale is currently 1000 times larger than Apple’s scale in 2000. Overall, the current Artificial Intelligence bubble is expected to be similar to the dot-com bubble with one difference. Instead of large brokerage firms fueling the bubble, very large hedge funds are also participating.
Note that charts shown below are for research purposes only and are not a recommendation.
Stock charts courtesy of StockCharts.com.
