--- title: "Why is the market \"so pessimistic\" about US tech stocks?" description: "Since the beginning of this year, U.S. tech stocks have shifted from \"AI beneficiaries\" to \"impacted by AI.\" According to Bank of America statistics, the dynamic price-to-earnings ratio of U.S. tech s" type: "news" locale: "en" url: "https://longbridge.com/en/news/276551385.md" published_at: "2026-02-23T01:11:02.000Z" --- # Why is the market "so pessimistic" about US tech stocks? > Since the beginning of this year, U.S. tech stocks have shifted from "AI beneficiaries" to "impacted by AI." According to Bank of America statistics, the dynamic price-to-earnings ratio of U.S. tech stocks is currently lower than that of the consumer discretionary, industrial, and consumer staples sectors Since the beginning of this year, US tech stocks have shifted from "AI beneficiaries" to "impacted by AI." According to Bank of America statistics, the dynamic price-to-earnings ratio of US tech stocks is currently lower than that of the consumer discretionary, industrial, and consumer staples sectors. ### Related Stocks - [SNSR.US - Global X Internet](https://longbridge.com/en/quote/SNSR.US.md) - [ARTY.US - iShares Future AI & Tech ETF](https://longbridge.com/en/quote/ARTY.US.md) - [PSI.US - Invesco Semiconductors ETF](https://longbridge.com/en/quote/PSI.US.md) - [SOXX.US - iShares Semiconductor ETF](https://longbridge.com/en/quote/SOXX.US.md) - [IUSG.US - iShares Core S&P US Growth](https://longbridge.com/en/quote/IUSG.US.md) - [IGV.US - iShares Expanded Tech Software Sector ETF](https://longbridge.com/en/quote/IGV.US.md) - [QQQ.US - Invesco QQQ Trust](https://longbridge.com/en/quote/QQQ.US.md) - [MGK.US - VG Mga Cap 300 Grw](https://longbridge.com/en/quote/MGK.US.md) - [QQEW.US - First Trust NASDAQ-100 Equal Weighted](https://longbridge.com/en/quote/QQEW.US.md) - [ARKK.US - Ark Innovation ETF](https://longbridge.com/en/quote/ARKK.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Infosys Unveils AI First Value Framework | Infosys Ltd :INFOSYS - INFOSYS UNVEILS AI FIRST VALUE FRAMEWORK | [Link](https://longbridge.com/en/news/276131501.md) | | OneDigital Investment Advisors LLC Cuts Stock Holdings in Invesco QQQ $QQQ | OneDigital Investment Advisors LLC has reduced its stake in Invesco QQQ by 8.4% in Q3, now holding 63,142 shares valued | [Link](https://longbridge.com/en/news/276534296.md) | | BREAKINGVIEWS-Tariffs reset weakens Trump’s hand in China talks | The U.S. Supreme Court ruling has reduced effective tariffs on Chinese goods to 26%, impacting President Trump's negotia | [Link](https://longbridge.com/en/news/276562517.md) | | 08:38 ETLSC Enters Growing Indianapolis Data Center Market With New 240-Mile Dark Fiber Network | Light Source Communications (LSC) has announced a new 240-mile dark fiber network in the Indianapolis metropolitan area, | [Link](https://longbridge.com/en/news/276235104.md) | | Cadence Q4 revenue beats estimates on demand for AI-driven products | Cadence Design Systems reported Q4 revenue of $1.99 billion, exceeding analyst expectations of $1.91 billion, with an ad | [Link](https://longbridge.com/en/news/276168231.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.