According to UBS analysts, Tech titles still present Interesting marginsabove all in the light of the recent recovery and evaluations considered still “reasonable” on a global scale. But is it really better to invest now? And in what actions is it better to aim?
Why invest in technological titles
The Swiss UBS investment bank has recently published an analysis in which it provides for anfurther growth for the technological sector globally. In the face of current market conditions, analysts believe that the risk-end relationship is still favorable, in particular for qualifications related to artificial intelligence, which are benefiting from a new cycle of investment and innovation.
In the UBS note we read:
In a context of global assessments still contained we think that the Risk-Reard remains attractive. So we invite investors to continue positioning ourselves on qualifications to quality, with a recovery perspective.
But the positive vision is not cautious. UBS reports 4 risks Main that could weigh on the future trajectory of the sector.
The four risks to be monitored in the Tech sector
Those who intend to invest in the Tech sector must first of all take into account the commercial negotiation between Washington and Beijing.
Although a 90 -day truce between the USA and China is currently in force, the uncertainty remains on its effective duration. If the negotiations do not lead to a lasting agreement, you risk a Return to duties and restrictions Which would impact above all the suppliers of electronic components and American tech giants with global chains.
Furthermore, the imposition of New rates on chipsone of the most strategic assets of the modern economy, could hit producers and users hard (such as Apple, Nvidia, AMD or Qualcomm). So much so that the repercussions would also be important for Asian companies such as TSMC or Samsung.
Where should you invest?
In light of the perspectives and risks that emerged, it is legitimate to ask what the technological titles are more promising on which to focus today. Below, an overview of some sectors and key names reported by international analysts and consistent with the strategy suggested by UBS:
- Nvidia in the artificial intelligence sector;
- TSMC among semiconductors manufacturers;
- Adobe Among the companies of the software and cloud services sector;
- Baidu Among the Chinese titles related to AI.
Nvidia, leader in chips for data center and ai, continues to grind record results, supported by the demand for GPUs for generative models. Microsoftwith its integration of Openai in Copilot and Azure services, is another ideal candidate for riding the long wave of the AI. Palantirmore than niche, is gaining land thanks to the growing adoption of data analysis platforms and in the public administration and in the defense sector;
TSMC It remains a key actor in the production of advanced chips. AMD has consolidated its position in the sector e ASMLa European company specialized in advanced lithography, holds an almost monopolistic position in printing technologies for semiconductors; sort
Adobeamong the best actions to buy in April, it continues to innovate thanks to the integration of the AI into the Creative Cloud. Salesforce He is reorganizing himself to grow in the services for the intelligence of company data, while Services It represents a point of reference in the automation of IT and HR processes.
Baidu is developing interior models, Tencent invests in gaming and cloud, e Huaweialthough not listed directly, influences many companies in the Chinese hardware chain.
However, investing in the technological sector in 2025 requires a balanced strategywhich considers the opportunities of growth in the long term but also the critical issues of the macro and geopolitical context.
UBS suggests that diversify Between undernoses (Ai, chips, cloud, software) and geographical areas (USA, Europe, Asia) remains essential. The use of thematic ETFs on AI, semiconductors or big tech can represent an interesting alternative for those who prefer passive management.
