Wharton's Jeremy Siegel: A.I. Boom Not a Bubble Yet After Nvidia's $184 Billion Rally

Wharton professor Jeremy Siegel believes that the A.I. boom in tech stocks is not a bubble yet, despite Nvidia's $184 billion rally last week. While A.I.-related stocks may be "slightly overvalued" in the long-term, Siegel noted that in the short-term "momentum can carry stocks far higher than their fundamental value, and no one can predict how high they might go." Nvidia's jump in share price is not like earlier bubbles, like the dotcom bubble, as it is a "real, good company." However, not everyone is convinced, with economist David Rosenberg stating that the boom in A.I. stocks "looks very weird" and is "way overextended."