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[quote=Anonymous][quote=Anonymous]I've owned ASML (which is in the EUV ETF) for over 15 years (from a merger) and up over 3300% and in my opinion is the ultimate tech stock. Their EUV photolithography machines are what makes manufacturing of advanced chips and AI possible. It's been an incredible investment. I've been thinking of taking some (if not all) profits. Hate paying LTCG taxes but fortunately huge chunk is in a Roth.

BUT....I definitely think we're in an AI and AI support chain bubble but have no idea when it will pop. This rally could continue for quite a while. So many similarities to 1999 right now. Lots of "irrational exuberance". Look at nuclear and nuclear support stocks...have gone up considerably due to the power demand of AI but new nuke power plants are years down the road with any revenue even further along. Some only have designs and their stocks have gone parabolic. Crazy valuation IPOs were crazy in 1999 (over 400). And now Anthropic and SpaceX are going public at crazy valuations.

With the near risk-free 30-yr and 10-yr Treasury yields recently going over 5% and 4.5% respectively, the end of the bubble may be closer than we think. But who knows.[/quote]

Right, but political situation today is very different than 1999. Things are more volatile, wealth divide is much larger, and there is a lot of uncertainty because this tech is also widely politicized and doesn't have a good rep among general population.  Ever hear the sentiment "AI needs a better PR campaign"? [/quote]

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