Hou Wey Fook, chief investment officer of DBS Group, said that Nvidia's price-earnings ratio and expected profit growth rate of 70% next year indicate that AI-driven technology stocks are still far from the bubble. According to the aggregated data, Nvidia's current price-earnings ratio for the next 12 months is 17 times. Hou compared this to the roughly 100 times the valuation of the Cisco system before the internet bubble burst.

Hou Wey Fook, chief investment officer of DBS Group, said that Nvidia's price-earnings ratio and expected profit growth rate of 70% next year indicate that AI-driven technology stocks are still far from the bubble. According to the aggregated data, Nvidia's current price-earnings ratio for the next 12 months is 17 times. Hou compared this to the roughly 100 times the valuation of the Cisco system before the internet bubble burst.