Tech Experts Say Buy the Dip After Nasdaq’s Worst Week

The Nasdaq Composite just suffered its largest weekly drop since April. This slide was mainly due to losses in top Artificial Intelligence (AI) stocks. Major players like Oracle, AMD, and Broadcom all saw sharp declines. The S&P 500 also dipped below a key technical support level.

Despite the market weakness, experts remain confident. They argue that the recent sell-off is not deeply worrying for Big Tech. Crucially, the massive corporate spending on AI technology continues to be strong.

While some investors are now favoring traditional value stocks, analysts predict a quick recovery. The consensus is that the overall AI rally is not ending. Instead, it is only temporarily paused by economic worries and general market jitters. Analysts expect the AI growth trend to resume soon.