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[Investment boss says Nvidia is following the old path of Cisco, and the circular financing bubble will eventually burst] November 6th, former Fidelity Investments fund manager George Noble warned on Thursday that Nvidia is heading towards a path similar to the bursting of the Internet bubble by "supporting" customers who purchase its artificial intelligence (AI) hardware. Noble posted on social media that Nvidia's current weight in the S&P 500 index is about 8%, which is twice the weight of Cisco at the peak of the Internet bubble in 2000. He believes the semiconductor giant is repeating the same mistakes and falling into the "exactly same" trap that devastated Cisco more than two decades ago.
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