Three reasons why UBS downgraded the US tech sector for 2026

Core Viewpoint - The US tech sector is facing challenges as UBS has downgraded its outlook from "attractive" to "neutral" [1] Group 1: Market Sentiment - The broader market continues to focus on the transformative potential of AI [1] - UBS expresses concerns regarding significant infrastructure spending required for the tech sector [1] Group 2: Industry Adoption - There is a looming threat related to the adoption of technology within the industry, which may impact future growth [1]