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Charlie Bilello, chief market strategist at Creative Planning, observes that chipmaker valuations have risen above their levels during the peak of the dot-com bubble.
While acknowledging the revolutionary nature of AI, he cautions that valuation remains a critical factor for investors.
Bilello has recently tracked significant trends across U.S. markets. He reported that U.S. sports betting wagers expanded from $6.6 billion in 2018 to $165 billion in 2025. Separately, he highlighted that U.S. national debt increased by $3.2 trillion in a single year. These data points reflect his ongoing focus on fast-changing financial metrics.