Why the tech stock rally may only be starting

The article argues the tech rally may be in early innings, driven by AI-fueled earnings and historical precedent. The Nasdaq entered a 13-day win streak, and Trivariate Research notes that in similar stretches tech later averaged a 5.4% three-month gain in most cases. Analysts cite robust 24-month forward earnings growth and strong results/outlooks from chip and cloud leaders—Nvidia, Taiwan Semiconductor and Amazon—as supporting sustained sector outperformance. Investors are rotating back from defensive oil and gold positions into AI trades, with the Magnificent Seven up about 11% on average over the past month (Amazon +20%). While the broader market may face limits (Parker sees <10% upside this year), the piece conveys a bullish stance for core tech names and index-level tech exposure.