[bobsoap]

To me, that sounds like a play on the hype train, which can work out very well if you know what you're doing. I think you need to be on your toes for this kind of gamble though, since hypes are usually short-term by definition.

I do agree that this particular hype, if we want to call it that, is one of a kind, at least in my (limited) experience. The current valuation is crazy, but so is the impact of "AI" right now.

I just have no idea how long it will last.

[senttoschool]

My general experience is that Wall Street is actually very dumb when it comes to actual breakthroughs. They just don't see it and they don't react fast enough.

For example, when AMD released Zen2, it was a huge breakthrough in chiplets. AMD was selling 64 cores for half the price of Intel's 32 core server CPUs. AMD's stock didn't rocket until much later. It showed me just slow Wall Street is and how their analysts can't really see past the next quarter or balance sheets. If you have an understanding for how products affect companies, you can often beat Wall Street.