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⚡️FIDELITY’S BUBBLE WATCH IS FLASHING DOT-COM PARALLELS FOR AI
Fidelity’s Jurrien Timmer says the current AI rally is tracking almost exactly like the internet boom 27 years ago.
The IIX internet index bottomed in 1996 before peaking in 1999 during its final blow-off phase. Similarly, the GS datacenter basket bottomed in April 2025, with the chart now pointing towards another sharp late-stage rally.