Experts are divided over whether the artificial intelligence (AI) stock boom is reminiscent of the dot-com bubble of the late 1990s. The Nasdaq 100, fuelled by significant growth from tech-related firms such as Microsoft, Alphabet and Nvidia, has surged 39% this year, with Nvidia up 192%. Some analysts likened the situation to the growth seen ahead of the dot-com crash in 2000, while others believe such comparisons are unfounded. UBS’s Art Cashin said the growth was not too different from what took place in the dot-com bubble. By contrast, Dan Raju, CEO of Tradier, said the situation was different in that companies were delivering on promises.
Is the AI Stock Boom a Dot-Com-Style Bubble? Insights from 7 Experts
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