High tech is the last thing I would be investing in right now. Another 10-15% downturn in Nasdaq I would be a buyer.
I’ve was in high tech for 45 years and still involved in it, and AI and quantum computing are overblown. Does the early 2000’s ring a bell when everybody bought anything ending in .com and we all know what happened. Some companies will use AI, but ask yourself if any of the mid-tier or small cap companies will be investing millions into AI? How many companies will need quantum computers?
|