<h2>關鍵要點</h2>
<ul>
<li>幾個月前令人畏懼的泡沫估值已經大幅回落。</li>
<li>儘管如此，大多數科技行業的股票仍處於合理定價與異常昂貴之間的持平狀態。</li>
<li>市場是否願意進一步推高科技股，取決於人工智能行業近期資本支出的回報率。</li>
<li>這 10 只股票可能會造就下一波百萬富翁 ›</li>
</ul>
<p>這種擔憂並非毫無根據。自 2023 年以來，大多數與人工智能（AI）相關的股票所取得的漲幅顯然使得至少某些估值過於緊繃。例如，<strong>Nvidia</strong>（NASDAQ: NVDA）的股票價格超過其過去利潤的 35 倍。<strong>Amazon</strong>（NASDAQ: AMZN）的交易價格接近其過去四個報告季度的收益的 30 倍。這些股票的近親科技公司也經歷了同樣的瘋狂旅程，推高了它們的估值。</p>
<p>然而，在對整個科技行業得出任何全面的長期結論之前，明智的做法是退一步看看數據所顯示的情況。你可能會對這個行業整體目前的狀況感到有些驚訝。</p>
<p><em><strong>人工智能會創造出世界上第一個萬億富翁嗎？</strong> 我們的團隊剛剛發佈了一份關於一家鮮為人知的公司報告，該公司被稱為 “不可或缺的壟斷”，提供 Nvidia 和 Intel 都需要的關鍵技術。<strong>繼續 »</strong></em></p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2MTM2Ni9lbmQtb2YtdGhlLXJvYWQuanBnAjZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2MTM2Ni9lbmQtb2YtdGhlLXJvYWQuanBnAjZ3PTcwMA"/></p>
<p>圖片來源：Getty Images。</p>
<h2>數字，圖示</h2>
<p>我使用 <strong>標準普爾 500 信息技術行業指數</strong> 作為我的代理，部分原因是這個市值加權指數包含了所有 <strong>標準普爾 500</strong>（SNPINDEX: ^GSPC）的科技名稱，同時也因為這個指數有大量的基本信息，包括收入以及過去和預測的每股收益。</p>
<p>而我更感興趣的是最後這一部分數據。你不僅可以用它來得出一些回顧性和前瞻性的估值，還可以瞭解這些公司的底線趨勢，以及在可預見的未來可能發生的變化（如果有的話）。</p>
<p>下面的圖表展示了投資者應該瞭解的關於目前被認為是風險較高的科技行業的許多信息。如你所見，標準普爾 500 信息技術行業指數目前的估值為其過去 12 個月每股收益的 29.8 倍，預計到今年年底仍將繼續飆升。事實上，基於分析師對 2026 年令人印象深刻的收益預測——比去年的利潤增長 38%——這些股票的前瞻性市盈率僅略低於 24。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2MTM2Ni8wMzI0MjYtc3A1MDAtaW5mby10ZWNoLXNlY3Rvci1mdW5kYW1lbnRhbHMucG5nAjZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2MTM2Ni8wMzI0MjYtc3A1MDAtaW5mby10ZWNoLXNlY3Rvci1mdW5kYW1lbnRhbHMucG5nAjZ3PTcwMA"/></p>
<p>數據來源：Yahoo Finance，標準普爾。市盈率計算由作者完成。</p>
<p>需要明確的是，這兩個數字仍高於各自的長期標準，儘管並不令人感到不適。根據 World PE Ratio 的數據，科技行業的市盈率在 1990 年代末的互聯網泡沫期間超過了 40，而 Yardeni Research 表示，這些股票的前瞻性市盈率接近加權平均值 25。</p>
<p>儘管如此，許多（或許太多）股票的估值確實超出了歷史標準，定價中包含了預計將在今年形成的收益爆炸，但這並不一定會實現。如果中東衝突升級或持續，或者如果一些科技公司未能迅速將其在人工智能上的大量投資轉化為實際利潤，該行業可能會輕易落後於這些高昂的行業整體收益增長預測。</p>
<h2>這已成為一種全有或全無的選擇</h2>
<p>這正是困擾投資者的難題，也是科技行業近期疲軟的主要原因。</p>
<p>在最近的回調之後，像 <strong>Microsoft</strong>（NASDAQ: MSFT）和 Nvidia 這樣的科技股應該能夠維持當前水平，因為世界在等待這些公司是否能如預期般表現。實際上，考慮到其前瞻性市盈率低於 16，Nvidia 的股票相對便宜。Microsoft 的股票在下一個財年的預計收益為 19.01 美元時，市盈率也可以説是便宜，低於 20 倍。<strong>Broadcom</strong>（NASDAQ: AVGO）的交易價格也僅約為明年預計底線的 18 倍，預計將比今年可能的利潤增長超過 50%，再加上另一輪巨大的收入增長。考慮到投資者對未來的預期，這些看似高昂的估值實際上是有道理的。</p>
<p>但市場上大多數受歡迎的人工智能股票的定價也沒有給失望的收益增長留有餘地。如果這些名字中有太多無法滿足其高昂的預期，可能會對大多數行業股票造成誇大的影響，以及由少數幾家龐大的科技公司如 Nvidia、Amazon 和 Microsoft 主導的市值加權基金。</p>
<p>這實在令人遺憾，因為許多不以人工智能為主的科技股票的定價實際上相當合理。它們可能僅僅因為處於錯誤的行業而在錯誤的時間被拋售。</p>
<p>底線？整體來看，科技股尚未走到盡頭，尤其是在從 10 月份的高點回調之後。在重新回到之前的泡沫估值之前，仍有很大的上升空間。</p>
<p>這幾乎完全依賴於人工智能革命的另一個巨大增長年。如果所有主要參與者的表現不如預期，投資者很容易會將整個行業的估值調回到長期平均水平，大約為其過去收益的 20 倍，就像 2000 年互聯網泡沫破裂後幾年的情況一樣……儘管當時許多今天的科技巨頭已經開始真正增長。</p>
<p>請謹慎行事。你絕對不能像幾年前那樣盲目買入和持有該行業的任何股票。要仔細挑選。</p>
<h2>現在投資 $1,000 的地方</h2>
<p>當我們的分析師團隊有股票推薦時，聽取建議是值得的。畢竟，<em>Stock Advisor</em> 的總平均回報率為 912%*——相比之下，標準普爾 500 指數的回報率為 185%，表現出色。</p>
<p>他們剛剛透露了他們認為的 <strong>10 只最佳股票</strong>，供投資者現在購買，<strong>加入_Stock Advisor_ 時可獲得。</strong></p>
<p><strong>查看股票 »</strong></p>
<p><em>*Stock Advisor 的回報截至 2026 年 3 月 27 日。</em></p>
<p><em>James Brumley 在提到的任何股票中沒有持倉。Motley Fool 在亞馬遜、微軟和英偉達中持有頭寸並推薦這些股票。Motley Fool 推薦博通。Motley Fool 有披露政策。</em></p>
<p>此處表達的觀點和意見是作者的觀點和意見，並不一定反映納斯達克公司的觀點。</p>

英偉達期權收益策略 ETF - YieldMax

大盤指數 MSCI ETF - Vanguard

電子遊戲&體育 ETF - GlobalX

<p>科技行業的估值已經有所緩和，但許多股票仍處於合理與昂貴之間。科技股的未來取決於人工智能行業對近期投資的回報。標準普爾 500 信息技術行業指數的當前市盈率為 29.8，前瞻性市盈率低於 24，仍高於歷史正常水平。人們對潛在盈利增長失敗的擔憂加劇，尤其是在地緣政治緊張局勢升級的情況下。雖然像英偉達和微軟這樣的股票看起來相對便宜，但許多人工智能股票的定價過於完美，如果預期未能實現，可能面臨顯著下跌的風險</p>

<h2>Key Points</h2>
<div class="lb-trans"><h2>關鍵要點</h2>
</div><ul>
<li>The frothy valuations that were daunting just a few months ago have already been dialed back quite a bit.</li>
<li>Even so, most of the tech sector's stocks are in a holding pattern somewhere between being reasonably priced and unusually expensive.</li>
<li>Whether or not the market is willing to push technology stocks any higher depends on how much return the AI industry achieves on its recent capex.</li>
<li>These 10 stocks could mint the next wave of millionaires ›</li>
</ul>
<div class="lb-trans"><ul>
<li>幾個月前令人畏懼的泡沫估值已經大幅回落。</li>
<li>儘管如此，大多數科技行業的股票仍處於合理定價與異常昂貴之間的持平狀態。</li>
<li>市場是否願意進一步推高科技股，取決於人工智能行業近期資本支出的回報率。</li>
<li>這 10 只股票可能會造就下一波百萬富翁 ›</li>
</ul>
</div><p>The concern isn't an unmerited one. The gains that most artificial intelligence (AI)-related stocks have made since 2023 have obviously stretched at least <em>some</em> valuations far too thin. <strong>Nvidia</strong>(NASDAQ: NVDA) shares, for instance, are priced at more than 35 times their trailing profits. <strong>Amazon</strong>(NASDAQ: AMZN) is trading at nearly 30 times its earnings for the past four reported quarters. And these tickers' closest technology cousins have been taken along for the same wild ride, inflating their valuations as well.</p>
<div class="lb-trans"><p>這種擔憂並非毫無根據。自 2023 年以來，大多數與人工智能（AI）相關的股票所取得的漲幅顯然使得至少某些估值過於緊繃。例如，<strong>Nvidia</strong>（NASDAQ: NVDA）的股票價格超過其過去利潤的 35 倍。<strong>Amazon</strong>（NASDAQ: AMZN）的交易價格接近其過去四個報告季度的收益的 30 倍。這些股票的近親科技公司也經歷了同樣的瘋狂旅程，推高了它們的估值。</p>
</div><p>Before coming to any sweeping long-term conclusions about the entire technology sector, though, it's smart to simply take a step back and look at what the data says. You might be a bit surprised at where this sector as a whole currently stands.</p>
<div class="lb-trans"><p>然而，在對整個科技行業得出任何全面的長期結論之前，明智的做法是退一步看看數據所顯示的情況。你可能會對這個行業整體目前的狀況感到有些驚訝。</p>
</div><p><em><strong>Will AI create the world's first trillionaire?</strong> Our team just released a report on the one little-known company, called an &#34;Indispensable Monopoly&#34; providing the critical technology Nvidia and Intel both need. <strong>Continue »</strong></em></p>
<div class="lb-trans"><p><em><strong>人工智能會創造出世界上第一個萬億富翁嗎？</strong> 我們的團隊剛剛發佈了一份關於一家鮮為人知的公司報告，該公司被稱為 “不可或缺的壟斷”，提供 Nvidia 和 Intel 都需要的關鍵技術。<strong>繼續 »</strong></em></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2MTM2Ni9lbmQtb2YtdGhlLXJvYWQuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F861366%2Fend-of-the-road.jpg&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>圖片來源：Getty Images。</p>
</div><h2>The numbers, in pictures</h2>
<div class="lb-trans"><h2>數字，圖示</h2>
</div><p>I'm using the <strong>S&amp;P 500 Information Technology Sector Index</strong> as my proxy, partially because this cap-weighted index includes all of the <strong>S&amp;P 500</strong>'s (SNPINDEX: ^GSPC) technology names, but also just because a great deal of fundamental information exists for this index, including revenue as well as past and projected per-share earnings.</p>
<div class="lb-trans"><p>我使用 <strong>標準普爾 500 信息技術行業指數</strong> 作為我的代理，部分原因是這個市值加權指數包含了所有 <strong>標準普爾 500</strong>（SNPINDEX: ^GSPC）的科技名稱，同時也因為這個指數有大量的基本信息，包括收入以及過去和預測的每股收益。</p>
</div><p>And it's this last bit of data that I'm more interested in. Not only can you use it to come up with some backward-looking and forward-looking valuations, but you can also gain an understanding of how these companies' bottom lines have been trending, and what (if anything) is likely to change in the foreseeable future.</p>
<div class="lb-trans"><p>而我更感興趣的是最後這一部分數據。你不僅可以用它來得出一些回顧性和前瞻性的估值，還可以瞭解這些公司的底線趨勢，以及在可預見的未來可能發生的變化（如果有的話）。</p>
</div><p>The graphic below illustrates a great deal of what investors should know about what's <em>supposed</em> to be a risky tech sector right now. As you can see, the S&amp;P 500 Information Technology Sector Index is currently priced at a somewhat palatable 29.8 times its trailing-12-month per-share earnings that are expected to continue soaring through the end of this year. In fact, based on analysts' 2026 impressive earnings projections -- up 38% from last year's profits -- these stocks are priced at a forward-looking price-to-earnings ratio of just under 24.</p>
<div class="lb-trans"><p>下面的圖表展示了投資者應該瞭解的關於目前被認為是風險較高的科技行業的許多信息。如你所見，標準普爾 500 信息技術行業指數目前的估值為其過去 12 個月每股收益的 29.8 倍，預計到今年年底仍將繼續飆升。事實上，基於分析師對 2026 年令人印象深刻的收益預測——比去年的利潤增長 38%——這些股票的前瞻性市盈率僅略低於 24。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-dXJsPWh0dHBzOi8vZy5mb29sY2RuLmNvbS9lZGl0b3JpYWwvaW1hZ2VzLzg2MTM2Ni8wMzI0MjYtc3A1MDAtaW5mby10ZWNoLXNlY3Rvci1mdW5kYW1lbnRhbHMucG5nJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F861366%2F032426-sp500-info-tech-sector-fundamentals.png&amp;w=700"/></p>
<p>Data sources: Yahoo Finance, Standard &amp; Poor's. P/E calculations by author.</p>
<div class="lb-trans"><p>數據來源：Yahoo Finance，標準普爾。市盈率計算由作者完成。</p>
</div><p>Both figures are still above their respective long-term norms, to be clear, although not uncomfortably so. The technology sector's trailing P/E eclipsed 40 during the dot-com craze of the late 1990s, according to data from World PE Ratio, when Yardeni Research says these ticker's forward-looking projected price-to-earnings ratios approached a weighted average near 25.</p>
<div class="lb-trans"><p>需要明確的是，這兩個數字仍高於各自的長期標準，儘管並不令人感到不適。根據 World PE Ratio 的數據，科技行業的市盈率在 1990 年代末的互聯網泡沫期間超過了 40，而 Yardeni Research 表示，這些股票的前瞻性市盈率接近加權平均值 25。</p>
</div><p>Still, there's no denying many (perhaps too many) of these stocks are valued well beyond their historical norms, pricing in an earnings explosion that's expected to take shape this year, but certainly isn't guaranteed to do so. If the conflict in the Middle East escalates or lingers -- or if a bunch of tech companies just don't turn their sizable investments in AI into real profits soon -- the sector could easily end up falling well short of these lofty sectorwide earnings growth projections.</p>
<div class="lb-trans"><p>儘管如此，許多（或許太多）股票的估值確實超出了歷史標準，定價中包含了預計將在今年形成的收益爆炸，但這並不一定會實現。如果中東衝突升級或持續，或者如果一些科技公司未能迅速將其在人工智能上的大量投資轉化為實際利潤，該行業可能會輕易落後於這些高昂的行業整體收益增長預測。</p>
</div><h2>It's become an all-or-nothing proposition</h2>
<div class="lb-trans"><h2>這已成為一種全有或全無的選擇</h2>
</div><p>There's the rub that's haunting investors, and largely responsible for the technology sector's recent weakness.</p>
<div class="lb-trans"><p>這正是困擾投資者的難題，也是科技行業近期疲軟的主要原因。</p>
</div><p>After their recent pullbacks, technology stocks like <strong>Microsoft</strong>(NASDAQ: MSFT) and Nvidia should be able to hold their current levels as the world waits to see if these companies will do as well as expected. Indeed, Nvidia shares are a relative bargain given their forward-looking price-to-earnings ratio of less than 16. Microsoft shares are also arguably cheap at less than 20 times next fiscal year's projected earnings of $19.01. <strong>Broadcom</strong>'s (NASDAQ: AVGO) only trading at about 18 times next year's expected bottom line as well, which should be up more than 50% from this year's likely profits on another round of massive revenue growth. These seemingly steep valuations actually make a lot of sense given what investors believe is coming.</p>
<div class="lb-trans"><p>在最近的回調之後，像 <strong>Microsoft</strong>（NASDAQ: MSFT）和 Nvidia 這樣的科技股應該能夠維持當前水平，因為世界在等待這些公司是否能如預期般表現。實際上，考慮到其前瞻性市盈率低於 16，Nvidia 的股票相對便宜。Microsoft 的股票在下一個財年的預計收益為 19.01 美元時，市盈率也可以説是便宜，低於 20 倍。<strong>Broadcom</strong>（NASDAQ: AVGO）的交易價格也僅約為明年預計底線的 18 倍，預計將比今年可能的利潤增長超過 50%，再加上另一輪巨大的收入增長。考慮到投資者對未來的預期，這些看似高昂的估值實際上是有道理的。</p>
</div><p>But most of the market's most popular artificial intelligence stocks are also priced with no room for disappointing earnings growth. If a few too many of these names are unable to meet their lofty expectations, it's likely to take an exaggerated toll on most of the sector's names, as well as the cap-weighted funds dominated by a small handful of enormous tech companies like Nvidia, Amazon, and Microsoft.</p>
<div class="lb-trans"><p>但市場上大多數受歡迎的人工智能股票的定價也沒有給失望的收益增長留有餘地。如果這些名字中有太多無法滿足其高昂的預期，可能會對大多數行業股票造成誇大的影響，以及由少數幾家龐大的科技公司如 Nvidia、Amazon 和 Microsoft 主導的市值加權基金。</p>
</div><p>That's too bad, too, since many off-the-radar technology stocks that aren't AI mainstays are actually priced pretty reasonably. And they'll likely peel back just for being in the wrong industry at the wrong time.</p>
<div class="lb-trans"><p>這實在令人遺憾，因為許多不以人工智能為主的科技股票的定價實際上相當合理。它們可能僅僅因為處於錯誤的行業而在錯誤的時間被拋售。</p>
</div><p>Bottom line? Tech stocks as a whole haven't run out of road just yet, particularly after their pullback from October's highs. There's plenty of room to climb before re-inflating to their previous, frothy valuations.</p>
<div class="lb-trans"><p>底線？整體來看，科技股尚未走到盡頭，尤其是在從 10 月份的高點回調之後。在重新回到之前的泡沫估值之前，仍有很大的上升空間。</p>
</div><p>That almost entirely hinges on another massive year of growth for the artificial intelligence revolution, though. Anything less than greatness from all of the movement's leading names could easily convince investors to dial back sectorwide valuations to the longer-term average of around 20 times its trailing earnings, as was the case for several years following the dot-com crash of 2000... even though many of today's tech giants were already starting to grow in earnest then.</p>
<div class="lb-trans"><p>這幾乎完全依賴於人工智能革命的另一個巨大增長年。如果所有主要參與者的表現不如預期，投資者很容易會將整個行業的估值調回到長期平均水平，大約為其過去收益的 20 倍，就像 2000 年互聯網泡沫破裂後幾年的情況一樣……儘管當時許多今天的科技巨頭已經開始真正增長。</p>
</div><p>Just tread lightly. You certainly can't afford to blindly buy and hold any and every name in the sector like you could a couple of years ago. Pick and choose carefully.</p>
<div class="lb-trans"><p>請謹慎行事。你絕對不能像幾年前那樣盲目買入和持有該行業的任何股票。要仔細挑選。</p>
</div><h2>Where to invest $1,000 right now</h2>
<div class="lb-trans"><h2>現在投資 $1,000 的地方</h2>
</div><p>When our analyst team has a stock tip, it can pay to listen. After all, <em>Stock Advisor’s</em> total average return is 912%* — a market-crushing outperformance compared to 185% for the S&amp;P 500.</p>
<div class="lb-trans"><p>當我們的分析師團隊有股票推薦時，聽取建議是值得的。畢竟，<em>Stock Advisor</em> 的總平均回報率為 912%*——相比之下，標準普爾 500 指數的回報率為 185%，表現出色。</p>
</div><p>They just revealed what they believe are the <strong>10 best stocks</strong> for investors to buy right now, <strong>available when you join_Stock Advisor._</strong></p>
<div class="lb-trans"><p>他們剛剛透露了他們認為的 <strong>10 只最佳股票</strong>，供投資者現在購買，<strong>加入_Stock Advisor_ 時可獲得。</strong></p>
</div><p><strong>See the stocks »</strong></p>
<div class="lb-trans"><p><strong>查看股票 »</strong></p>
</div><p><em>*Stock Advisor returns as of March 27, 2026.</em></p>
<div class="lb-trans"><p><em>*Stock Advisor 的回報截至 2026 年 3 月 27 日。</em></p>
</div><p><em>James Brumley has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon, Microsoft, and Nvidia. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy.</em></p>
<div class="lb-trans"><p><em>James Brumley 在提到的任何股票中沒有持倉。Motley Fool 在亞馬遜、微軟和英偉達中持有頭寸並推薦這些股票。Motley Fool 推薦博通。Motley Fool 有披露政策。</em></p>
</div><p>The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.</p>
<div class="lb-trans"><p>此處表達的觀點和意見是作者的觀點和意見，並不一定反映納斯達克公司的觀點。</p>
</div>

Have Tech Stocks Finally Run Out of Road? Here's What the Data Actually Says.

- 科技股估值已回落，但大多數仍在合理和高估之間。  
- 投資者需關注人工智能行業的回報和公司盈利能力。  
- 部分非人工智能技術股估值合理，投資需謹慎選擇。

nasdaq

半導體 3 倍做多 - Direxion

T-Rex 2X Long Microsoft Daily Target ETF

2 倍做空 NVDA ETF - GraniteShares

視頻遊戲技術 ETF - ETFMG

2 倍做多英偉達 ETF - Direxion

2 倍做多 NVDA ETF - T-Rex

雲計算 ETF - GlobalX

北美科技軟件股指數 ETF - iShares

SP Funds S&P Global Tech ETF

標普 500 ETF - Vanguard

全球科技股指數 ETF - iShares

Kurv Yield Premium Strategy Microsoft MSFT ETF

Proshares Big Data Refiners ETF

2 倍做多英偉達 ETF - GraniteShares

標普軟件與服務 ETF - SPDR

高科技指數 ETF - SPDR

FRNKL EXP DT ETF

半導體 ETF - VanEck Vectors

標普半導體 ETF - SPDR

2 倍做多 MSFT ETF - GraniteShares

電子遊戲&電子競技 ETF - VanEck Vectors

標普 500 指數股票型基金

微軟每日 2 倍做多 ETF - Direxion

2 倍做空 NVDA ETF - T-Rex

費城交易所 半導體 ETF - iShares

動態半導體 ETF - Invesco

YieldMax MSFT Option Income Strategy ETF

英偉達

微軟

科技股是否真的已經沒有上漲空間了？數據究竟揭示了什麼？