Wedbush brushes off tech sell-off as buying chance in multi-year AI bull run
Key takeaways
- Wedbush, whose technology team is led by Dan Ives, said the moves amounted to a "Twilight Zone market" for many of the sector's biggest names, while beneficiaries such as memory chipmakers were thriving.
- Micron Technology Inc (NASDAQ:MU) was singled out as one such winner over the past week.
- The bank put the disconnect down to two main concerns weighing on the hyperscalers and Nvidia.
Wedbush brushes off tech sell-off as buying chance in multi-year AI bull run Proactive Fri, June 26, 2026 at 10:04 PM GMT+7 3 min read MSFT META GOOGL PLTR NVDA A sharp sell-off in leading technology stocks reflects short-term impatience rather than any breakdown in the artificial intelligence trade, according to Wedbush.
The broker said core names driving what it calls the fourth industrial revolution, including Microsoft Corp (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG), Palantir Technologies Inc (NYSE:PLTR), Oracle Corp (NYSE:ORCL, XETRA:ORC), Nvidia Corp (NASDAQ:NVDA, XETRA:NVD), Amazon.com Inc (NASDAQ:AMZN) and Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB), have come under heavy selling pressure, with investors treating Microsoft and Meta as if they were bear-market stocks that cannot be owned.
Wedbush, whose technology team is led by Dan Ives, said the moves amounted to a "Twilight Zone market" for many of the sector's biggest names, while beneficiaries such as memory chipmakers were thriving.