Semis flash dot-com-speed momentum

Semiconductor stocks are rallying with velocity likened to the late-1990s internet bubble, prompting questions about the rally’s sustainability and potential volatility. The piece highlights heavy activity in the sector, with NVIDIA (NVDA.OQ) showing notable strength intraday while broader semiconductors and related ETFs have sharp premarket swings. Market participants are watching ETFs and leveraged products for amplified moves, and the surge has drawn comparisons to prior speculative episodes, suggesting elevated risk even as momentum remains strong.