Tech Stocks Dip on U.S.-China Tensions, But Analyst Sees Buying Opportunity
Wedbush Securities analyst Dan Ives views the recent sell-off in tech stocks as an opportunity to buy industry leaders. Tensions between the U.S. and China over rare earth metals have rattled markets, but Ives compares the situation to a high-stakes poker game likely to resolve without lasting damage.
Semiconductors, software, and AI remain strong long-term bets despite short-term volatility. Nvidia, Microsoft, and other major tech names continue to offer compelling value, with temporary geopolitical fears creating entry points for investors.