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Despite the recent declines, some experts, including Kenahan, believe that Meta's investment in AI could open opportunities for future growth. This aligns with the prevailing sentiment among investors who are analyzing tech companies' performance and their longer-term potential amid changes in market dynamics.
The Broader Tech Sector and AI Advancement
The tech landscape remains dominated by significant players such as Nvidia and Apple. Despite Meta’s descent, these companies continue to show potential with Nvidia's strong demand and innovative prowess in AI technology. Analysts remain optimistic about Nvidia, noting its past resilience, and expect that the demand for its products will only grow.