After a brutal week that saw over $1 trillion erased from the market value of the Magnificent Seven, with Nvidia Corp. (NASDAQ:NVDA) alone shedding more than $500 billion, fresh fears of an AI-driven bubble are gripping Wall Street—yet some analysts say it's far too soon to call it a dot-com burst repeat.
In a report shared Monday by Goldman Sachs, equity analysts Dominic Wilson and Vickie Chang draw a sharp line between today’s AI rally and the dot-com bubble. Their message: yes, things are hot, but we're not in meltdown mode—at least not yet.
