Summary

• There are an increasing number of financial articles and viral social media posts comparing the current rally in AI and semiconductor chips to the dotcom-era bubble. They highlight the same pattern: a sharp correction, a vertical recovery, and then full-blown euphoria.
• The warning is clear - the last time this happened, the Nasdaq crashed nearly 80%. Should we panic? Or are we seeing history rhyme without repeating?
• Here we take a look at a clear, data-driven breakdown of where the AI boom in 2026 looks similar to the dotcom bubble... and where it looks fundamentally different.

While I recognize the risk of saying "this time is different," let me explain why I think it actually is different this time around.

There are an increasing number of financial articles and viral social