The Dot-Com Bubble Burst 25 Years Ago. AI Could Be Next.
AI spending is prodigious. The current mania resembles the internet bubble and earlier enthusiasms like RCA in the 1920s.
Arm shares rise on report that Meta will buy its first chip
Arm shares rose 5% after a Thursday report that it was developing its own chip and that it had secured Meta as one of its first customers.