Top strategist explains how the AI trade & dot-com bubble differ

AI has been a major driver of the current bull market, driven by strong results from companies like Nvidia (NVDA). But with lofty valuations and recent announcements of circular deals in the space, some investors worry there could be a bubble forming. Guggenheim Partners managing partner and Guggenheim Partners Investment Management chief investment officer, Anne Walsh, tells Julie Hyman she sees the current rally as different from the 1999 tech bubble because the current valuations are backed by earnings. And with the buildout still underway, Walsh says there could be more growth ahead. Make sure to watch Yahoo Finance's full interview with Anne Walsh. For full interviews, highlights, and key insights, check out more from Yahoo Finance Invest.