Why the Chip and Tech Market Has Turned Bearish
The chip and technology market has turned sharply more cautious as high valuations, heavy AI spending and uncertainty over future returns begin to weigh on investor confidence. The sector’s long-term growth story remains intact, but expectations are being reset.
ET&A Research · 24 July 2026
The technology market has changed direction rather quickly. After an extraordinary rally driven by artificial intelligence, data centres and semiconductor shortages, many of the companies at the centre of that excitement are now experiencing a sharp correction.
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