AI hype has echoes of the telecoms boom and bust

Given most stock graphs have ups and downs, surely you could do the same thing with all sorts of stocks and it would be a coincidence?

Yeah I mean, probably pretty likely it's going to bust and return to a more realistic level until we really sort out how to utilize AI effectively. I imagine it being similar to the .com bust (and look at the internet/web now).

Nvidia is gonna be fine regardless, I'm sure.

But. The x axis.

As long as there is a shortage of their main product, it'll probably keep going up. Their main competition also still seems to have difficulties catching up for gpu compute. Not saying that that can't change, but it doesn't look like it yet.

Also, that's a bad graph.

Trend analysis is the cosmology of finance. Past performance is a completely meaningless indicator of future performance.