---
title: "所有人都被捲入了上漲的趨勢中"
type: "News"
locale: "zh-HK"
url: "https://longbridge.com/zh-HK/news/286144363.md"
description: "AI 的快速上漲終於遇到了第一個真正的阻力。半導體、人工智能和動量股現在幾乎完美地從歷史高位回調。今天的市場定位處於極端水平。納斯達克在開盤時嚴重超買，風險偏好飆升至多年來的最高水平，市場集中度繼續類似於之前的晚期快速上漲階段"
datetime: "2026-05-12T19:02:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286144363.md)
  - [en](https://longbridge.com/en/news/286144363.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286144363.md)
---

# 所有人都被捲入了上漲的趨勢中

## **Sucked In**

The AI melt-up finally hit its first real air pocket. Semis, AI, and momentum names are now reversing almost perfectly from historically stretched levels.

Positioning came into today at extreme levels. Nasdaq entered the session massively overbought, risk appetite surged to one of the highest readings in years, and market concentration continues resembling prior late-stage melt-ups.

### 相關股票

- [.IXIC.US](https://longbridge.com/zh-HK/quote/.IXIC.US.md)
- [NDAQ.US](https://longbridge.com/zh-HK/quote/NDAQ.US.md)
- [.NDX.US](https://longbridge.com/zh-HK/quote/.NDX.US.md)
- [.NDXTMC.US](https://longbridge.com/zh-HK/quote/.NDXTMC.US.md)
- [MGK.US](https://longbridge.com/zh-HK/quote/MGK.US.md)
- [CLOU.US](https://longbridge.com/zh-HK/quote/CLOU.US.md)
- [SMH.US](https://longbridge.com/zh-HK/quote/SMH.US.md)
- [ARTY.US](https://longbridge.com/zh-HK/quote/ARTY.US.md)
- [IWF.US](https://longbridge.com/zh-HK/quote/IWF.US.md)
- [SOXX.US](https://longbridge.com/zh-HK/quote/SOXX.US.md)
- [XSD.US](https://longbridge.com/zh-HK/quote/XSD.US.md)
- [PSI.US](https://longbridge.com/zh-HK/quote/PSI.US.md)
- [IXN.US](https://longbridge.com/zh-HK/quote/IXN.US.md)
- [SKYY.US](https://longbridge.com/zh-HK/quote/SKYY.US.md)
- [ONEQ.US](https://longbridge.com/zh-HK/quote/ONEQ.US.md)
- [QQWZ.US](https://longbridge.com/zh-HK/quote/QQWZ.US.md)
- [ARKK.US](https://longbridge.com/zh-HK/quote/ARKK.US.md)
- [BOTZ.US](https://longbridge.com/zh-HK/quote/BOTZ.US.md)
- [TQQQ.US](https://longbridge.com/zh-HK/quote/TQQQ.US.md)
- [QQEW.US](https://longbridge.com/zh-HK/quote/QQEW.US.md)
- [VUG.US](https://longbridge.com/zh-HK/quote/VUG.US.md)
- [IUSG.US](https://longbridge.com/zh-HK/quote/IUSG.US.md)
- [QQQ.US](https://longbridge.com/zh-HK/quote/QQQ.US.md)
- [SCHG.US](https://longbridge.com/zh-HK/quote/SCHG.US.md)
- [QQQM.US](https://longbridge.com/zh-HK/quote/QQQM.US.md)
- [SOXL.US](https://longbridge.com/zh-HK/quote/SOXL.US.md)

## 相關資訊與研究

- [Polymarket 推出與私營公司相關的預測市場](https://longbridge.com/zh-HK/news/286945839.md)
- [科技與高利率交織影響市場，亞德諾半導體強化 AI 產品線，投資者需謹慎評估風險](https://longbridge.com/zh-HK/news/287066214.md)
- [新聞分析／三星大罷工癥結：AI 獲利暴增 獎金怎麼分](https://longbridge.com/zh-HK/news/287010473.md)
- [鈺立微獲 COMPUTEX 2026 BC Award 中小企業特別獎](https://longbridge.com/zh-HK/news/287163054.md)
- [Anthropic 有望首次實現單季盈利 收入大幅成長](https://longbridge.com/zh-HK/news/287129663.md)