For the AI industry it's once in a lifetime. For the RAM industry, apparently, it's typical and happens every ten years or so. You probably weren't alive for the last ones.

I was definitely alive, what a weird remark to make…

Yeah I keep reading comments about "semiconductor boom/bust cycles", but they ignore that Moore/Dennard Laws were in a totally different regime back then, and they ignore the external factor of AI. So I just don't understand what those comments are alluding to.

AI is the biggest bubble/cycle to date because of how much capital the government has printed into it. But it still follows the same pattern.

I honestly have no idea what you are actually talking about. Government printing capital? What does that even mean? And patterns are meaningless, what is the mechanism and the underlying relationship? Whatever you heard stock analysts say they don't sound they know engineering or science.