Peak of AI bubble has been reached

Today marks a point in the overexaggeration of AI-company valuation, that concerns me alot. ORCL printing 500 billion dollars of market cap in a few hours just based on future revenue projections. Several smaller AI stocks like IREN, RZLV and the most important one: NVDA printing valuation based on future hopes without an end. The companies most likely will not live up to their expectations, causing them to correct to their fair-value. Which in most cases means atleast a 80% correction. This is very similar to the Dotcom-bubble in the year 2000. You dont need profits or large revenue or even a good product to achieve an astronomic valuation. You just need the AI-Label, like the Internet-Label back then.

I expect the broad market and especially tech and AI-focussed stocks to correct rapidly in the coming months to price in less exaggerated expectations. The current state of the market is just pure euphoria. The correction for these stocks will be, for most companies, between 60-80%, with even bigger potential corrections for smaller AI-companies.