The current AI-driven market boom bears “juicy” resemblances to the exuberant run-up of the late 1990s dot-com era, according to Jurrien Timmer, Director of Global Macro at Fidelity Investments.AI Boom’s Trajectory Mirrors Dot-Com BubbleIn a recent X post, Timmer suggested investors be prepared for a 1999-style market melt-up, drawing direct parallels between today’s market dynamics and the period leading up to the 2000 tech bust.Timmer’s analysis highlights how the AI boom’s trajectory closely mirrors the ...

Group 1 - The tech industry has been significantly influenced by AI over the past three years, leading to numerous AI-driven projects and startups [1] - The Fidelity MSCI Information Technology Index ETF is mentioned as a relevant investment vehicle in the context of the tech sector's evolution [1] - The analysis style focuses on identifying companies with strong fundamentals, particularly in revenue and earnings growth, while also considering market sentiment [1]