6 billion dollars 'violent return': tech stocks bid farewell to mysticism and embrace hardcore!
Latest data shows that the net inflow of US technology funds reached 6 billion dollars in a single week, setting a new high in nearly two months. After experiencing a freezing period marked by concentrated selling of software stocks and frantic 'hunting' by short sellers, market sentiment is undergoing an epic V-shaped reversal.
This is not just a rebound from overselling; it is the 'great cleansing' of capital will in 2026. The current market presents an extremely torn landscape:
On one side is 'cold defoaming': hedge funds are still frantically reducing holdings in traditional SaaS lacking a competitive moat. Those companies that can only speak of 'AI visions' without delivering performance are being thoroughly liquidated by capital.
On the other side is 'hardcore bottom fishing': long-term funds are flowing back into computing infrastructure and AI giants regardless of cost. The logic of funds is extremely simple: whoever has the computing power barrier and core data will be the hard currency of 2026.
The core logic has changed: the pricing formula for tech stocks has shifted from 'imagination-driven' to 'cash flow-driven'.
The market is in a repricing cycle transitioning from 'pure stories' to 'real performance'.
In 2026, the tech sector will no longer have a breeding ground for 'universal rallies'; money will only flow to those with competitive moats and profitable foundations in the tech iron army.
