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CICC Wealth Futures: Currently, tech stocks are already trading at high levels, and there is no undervaluation.

K-LinePoet
Some U.S. tech giants in particular have announced that they are increasing AI investment; South Korea has said that its chip factories will begin production ahead of schedule; overseas institutions have been issuing frequent clarifications about concerns that there is excess computing power. No matter what the motivation is, global capital markets are still working hard to maintain the appearance of extremely strong AI investment momentum. From a rational perspective, tech stocks are already trading at elevated levels, and there is no undervaluation; with expectations already pushed to the extreme, any divergence or disruption will have a major impact on the market. Anyone participating in the current market rally must have a risk-control strategy as standard. (China Galaxy Wealth Futures)
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