The Zhitong Finance App learned that recently the US stock technology sector has continued to be sold off, and artificial intelligence (AI) related stocks are under particular pressure. However, Matt Orton, chief market strategist at Raymond James Investment Management, believes that this round of adjustments is more like a process for investors to re-examine technology stock valuations and growth expectations, rather than a sign that the market is about to completely collapse. Despite short-term pressure on technology stocks, industry fundamentals are still strong, and a pullback in stock prices may create buying opportunities for investors.

The Zhitong Finance App learned that recently the US stock technology sector has continued to be sold off, and artificial intelligence (AI) related stocks are under particular pressure. However, Matt Orton, chief market strategist at Raymond James Investment Management, believes that this round of adjustments is more like a process for investors to re-examine technology stock valuations and growth expectations, rather than a sign that the market is about to completely collapse. Despite short-term pressure on technology stocks, industry fundamentals are still strong, and a pullback in stock prices may create buying opportunities for investors.