Those who are skipping the AI bull market don't panic: the multi-round wave of technology has only just begun
Author: Incurable Ai
Original title: Missed the surge in AI stocks, what now?
Artificial intelligence stocks have risen again;
The Korea Index has blown up again today. The general market index has quadrupled since last year, and Hynix has risen 260% during the year, either at a new high, or on the way to a new high;
American storage giant Micron surpassed trillion US dollars in market capitalization and ranked among the top 10 US companies by market capitalization. It has more than tripled during the year, with an increase of more than 10 times in one year;
The Japanese side is heavily betting on AI with SoftBank, whose stock price surged more than 14% in the intraday period, and is expected to become the company with the highest market capitalization in Japan.
Domestic Yu Shu and Changxin have already passed the meeting. Changxin's market capitalization is 1.5-2 trillion dollars, directly to the top 5 of A-shares;
However, AI companies such as Nvidia and Google are always fearful of rising;
There was even news that domestic housing prices were picking up in Shenzhen, etc., and since semiconductor and AI companies exceeded their expected earnings, executives of these companies began to grab properties in batches.
However, there is another scene. Loans to buy gold at the beginning of the year are still being held up, and domestic consumer stocks are still plummeting. Many netizens said that they have completely missed this wave of the AI bull market and are very anxious every day. What should we do now?
Actually, most people don't make any money
Let's take a look at the data. In 2025, the profit ratio of A-share retail investors was only about 18.9%, the loss ratio was as high as 81.1%, and the per capita loss was about 21,000 yuan. The loss ratio of small retail investors under 100,000 yuan is even close to 98.7%.
This is when the general market index closed up nearly 20% in 2025, and domestic stocks like Cambrian broke out more than 5 times higher. Also, under the favorable atmosphere of the overall rise last year.
However, when the market recovered in January-April 2026, faith in AI collapsed, and many people cut their meat at a low point.
At the time of the decline, AI stocks experienced a wave of holdings reduction. Shareholders+executives of Zhongji Xuchuang (Optical Module) holding reduced their holdings by 4.914 billion yuan, then the stock price rose by another 35%;
Li Qiong, the majority shareholder of Kunlun World Wide, plans to reduce his holdings by 35.86 million shares. After the announcement of the reduction, the stock price plummeted 20%, but then rebounded 40% within 1 month, and some of the shareholders who reduced their holdings were “sold on the floor.”
A special report on reducing holdings in the AI sector of brokerage firms in China indicates that in the AI computing power sector in 2026, potential profit losses due to premature holdings reduction by institutions exceeded 200 billion yuan (based on the average increase after reducing holdings), and this is still the case for institutions.
At the end of 2025, bet on vertical applications such as AI education and AI healthcare. As a result, vertical applications never exploded. In 2026, the average decline in these sectors was over 20%, while the computing power sector increased by 50% +;
However, when it comes to foreign countries, there are still endless sales spurts.
The world-renowned fund, Bridgewater Fund, drastically reduced its holdings of Nvidia (nearly two-thirds), Alphabet (more than half), Amazon (9.6%), and Microsoft (35%) in Q3 2025, followed by an average increase of more than 80% from Q4 2025 to Q1 2026;
There are even a few shorters; short positions in the US stock market recently hit a new high since 2012.
According to the data, the total leverage ratio of hedge funds has risen to around 293%, and the S&P 500 short exposure and days-to-cover indicators have both set records.
As strong as Buffett, he began reducing positions early. In 2026, Q1 cash reserves reached a record high of US$397.38 billion, completely skipping the AI market and missing out on the sharp rise in US technology stocks.
Multiple waves at the same time
However, it is undeniable that AI is still the most definitive and revolutionary opportunity in the current market.
AI is not a short-term concept, but a revolution in underlying infrastructure like electricity and the Internet.
Historical experience shows that many people who missed the first wave of technology stocks found opportunities at the application layer or in the next round of infrastructure upgrades. China also has unique room for AI self-research, application implementation, and repair shortcomings in the industrial chain.
Many people think they are missing out on AI; in fact, they are only missing out on a certain period of increase Nvidia has already completed.
That's a pity, of course, but that doesn't mean it's over.
Not every technological revolution in history was completed in a year. The Internet has been used for more than ten years, smartphones have been used for ten years, and cloud computing has also been used for more than ten years. If AI were really a technological revolution at the same level, it wouldn't just be a round of stock prices.
As Ma Huateng said: Artificial intelligence is an opportunity for the industrial revolution. Ren Zhengfei pointed out that artificial intelligence may be the last industrial revolution in human history.
Since it is an industrial revolution, the opportunity to combine AI with all walks of life has only just begun. The big model is smart enough, but now it's just Claude's first to make a profit, on the coding agent circuit.
The next round of structural opportunities will definitely be reserved for those who are well-prepared and have a stable mentality.
Twitter:https://twitter.com/BitpushNewsCN
Compare the TG exchange group:https://t.me/BitPushCommunity
Compare TG subscriptions:https://t.me/bitpush
