Technology stocks were heavily sold off.

VTV.vn - US technology stocks just experienced their worst week since April, following a sell-off in shares related to artificial intelligence (AI) technology.

US technology stocks experienced their sharpest weekly decline since April.

US technology stocks just experienced their worst week since April, following a sell-off in artificial intelligence (AI)-related stocks that wiped out $820 billion in market capitalization.

Overall for the week, the US Nasdaq technology index fell by about 3%, marking its sharpest weekly decline since the US announced its tariff policies in April. The Dow Jones and S&P 500 indices also declined. The drop occurred amid investor concerns about the overvaluation of AI-related stocks, especially after four major tech companies announced investments totaling $112 billion in AI infrastructure in the third quarter, primarily through debt financing. In addition, the weakening US labor market and disruptions from the longest government shutdown in history also impacted investor confidence.

However, not all experts are pessimistic. “The market is shifting a bit toward other stock groups, and that’s good for value stocks. Therefore, I don’t think the sell-off is due to excessive concern about the Magnificent 7. Investment in AI is still strong… I don’t think the uptrend in AI stocks has ended,” strategist Leah Bennett of Concurrent Asset Management told CNBC.

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Veteran experts in South Korea's technology industry also offer a bright outlook on the semiconductor supercycle.

Kim Sung-soo, CEO of Datacrunch Global and Professor of AI Business Strategy at the Graduate School of Business, Yonsei University, stated that the current AI market is still in its infancy, and people cannot yet see or imagine what could actually happen in the next few years.

As an AI expert leading strategic AI consulting services for multinational corporations, Professor Kim stated that every country needs sovereign AI and wants to build its own data centers, similar to major global technology companies like OpenAI and Google. Therefore, investment in these efforts will be significant and will not diminish in the coming years. Professor Kim Sung-soo also emphasized that in the digital age, many new devices will emerge and new needs will constantly arise.

Meanwhile, Colley Hwang, founder and chairman of Digitimes, a leading semiconductor and electronics market news channel based in Taiwan (China), said that the AI ​​field has enormous potential in high-performance computing — extending beyond mobile phones to high-value areas such as electric vehicles, drones, and robotics. He asserted that semiconductors and AI will be the driving force behind the digital economy and even the quantum economy in the future. Therefore, it can be affirmed that the demand for AI applications in the future will not decrease because everyone needs to increase their computing power.

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Colley Hwang argues that instead of worrying about the AI ​​bubble, the focus should now be on who can win the game and who will seize the majority of market opportunities in the coming decades.

Source: https://vtv.vn/co-phieu-cong-nghe-bi-ban-thao-manh-me-100251110100546294.htm