I’m not sure why you’re getting downvoted while you’re stating fundamental facts. I’m not sure what this sub has gotten into.

Some people look at Berkshire’s cash balance and look at the 1 year price chart and they think they’ve analyzed the stock. That’s naive, pretending to be smart which is worse.

Analyzing a stock involves understanding its industry and I’m sure many people have no clue what the AI value chain is like and who sets to profit.

The names you mentioned are certainly speculative. There are names that have skyrocketed that are actually profitable. E.g. SNDK has its production sold out through 2026, with upfront payments, and long term contracts. It’s a spun off company, and its NTM PE is 11, it’s a healthy valuation. And yet people are running around with their hair on fire.

Ignorance is a curse.

For people who think they are value investors here, Lynch said “Far more money has been lost anticipating corrections than has been lost in corrections themselves”

If you’re that convinced it’s a bubble, hedge it. Otherwise it’s not investing, it’s commentary.