Is the tech selling overdone?

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Is the tech selling overdone?

The semiconductor industry $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ received a shot in its arm in the artificial intelligence frenzy led by $NVIDIA Corp(NVDA)$ , the bellwether and poster boy for AI and its smaller peer $Advanced Micro Devices(AMD)$ . Even though there is short-term price weakness due to earnings by $Alphabet(GOOG)$ falling below market expectations, with AI proliferation expected to drive the next phase of growth of the semiconductor industry as it emerges from earlier slump and as inventory stabilises and requires replenishment, 2024 looks set to be a year of growth for the technology sector, of which I’m particularly bullish on the big techs like Alphabet and the semiconductor industry.

@TigerWire @TigerStars @VideoLounge @MillionaireTiger @CaptainTiger @TigerEvents

# 💰 Stocks to watch today?(06 Sep)

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RogerHenderson
·07-26
Awesome analysis
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waipoin
·07-26
Great analysis
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