According to Wedbush analyst Dan Ives, the sell-off of technology stocks is a 'golden buying opportunity' for investors.

With polls and the gambling market recently moving in favor of Trump in November's election, investors are taking seriously Trump's remarks, and the NASDAQ 100 index has fallen more than 3% since the interview was released. In addition, there are reports that the Biden administration is preparing to impose new trade restrictions, which has also led to the sell-off of chip stocks.

But Ives said that Trump's remarks are more likely to be loud than effective, and the recent sell-off of technology stocks has ultimately provided significant buying opportunities for long-term investors.

"We believe that the 'Trump trade' will not disrupt the AI revolution and the tech bull market. In a sense, this is just a negotiation and will be a long and lasting process," Ives said.

Todd Jablonski of Principal Asset Management also said that the sell-off of technology stocks is just a small episode in the overall situation.

Jablonski said in a report on Thursday: "The new Trump government is unlikely to disrupt the momentum of America's large technology companies. As the election approaches, these types of market fluctuations are common, and investors should be cautious in taking action based on these fluctuations."

Ives said that performance is still the most important factor in the long run for technology stock prices, and this field is still a bright spot.

"Our strategy still adheres to the theory of the AI revolution and profits from sell-offs like yesterday. We believe that the second quarter's performance will be the main positive catalyst for the technology industry, and we expect technology stocks to rise another 15% this year, continuing the strong growth of technology stocks in the first half of 2024, as now the broader technology growth story takes center stage," Ives said.

Ives says, "Our strategy remains to ride the wave of the AI revolution and profit from sell-offs like yesterday's. We believe Q2 results will be a major positive catalyst for the tech industry, and we expect tech stocks to rise another 15% this year, continuing the strong growth of tech stocks in the first half of 2024, as the wider tech growth story takes center stage."

Edited by Jeffrey