UBS sees further upside for technology stocks following their recent rebound, even as uncertainty over U.S. trade policy persists.
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“With global tech’s valuation still reasonable, we think the risk-reward remains attractive”
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Analysts at the firm advise investors to “continue to position for an ongoing recovery in quality AI names globally.”
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However, they have flagged several risks:
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The durability of the 90-day trade truce remains unclear.
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Potential semiconductor tariffs could weigh on the sector.
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Relocating supply chains may increase costs for tech firms.
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The impact of Trump’s planned revision to Biden-era AI diffusion rules is still uncertain.
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This article was written by Eamonn Sheridan at www.forexlive.com.