Chart Library
2026-09-24

AI Semis Track the 1990s Internet Rally, but Tech P/E at 20.6 Is Far Below the 66.4 Dotcom Peak

AI Semis Track the 1990s Internet Rally, but Tech P/E at 20.6 Is Far Below the 66.4 Dotcom Peak

Key points

AI semiconductors 2022-2026 vs the internet index 1995-2000, weekly ｜ The price path closely rhymes, yet S&P tech P/E is ~20.6 now versus the 66.4 dotcom peak

Image source: @TimmerFidelity