Why tech stocks are likely to take a back seat for the rest of 2026, according to JPMorgan strategists

ملخص

JPMorgan strategists predict non-U.S. shares will outperform in the second half of 2026, with a preference for semiconductor stocks over hyperscalers, potentially leading to a shift in investor focus away from U.S. tech stocks.

Market Context

This prediction could lead to a rotation out of U.S. tech stocks, such as AAPL and TSLA, and into semiconductor stocks like NVDA and AMD, as well as non-U.S. shares, potentially pressuring the tech-heavy Nasdaq index.

المحركات الرئيسية

• JPMorgan strategists' prediction of non-U.S. shares outperformance
• preference for semiconductor stocks over hyperscalers

المخاطر

• U.S. tech stocks experiencing a sudden rebound due to unforeseen catalysts
• semiconductor stocks facing supply chain disruptions

الأفق الزمني

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