Tech Stocks Bounce Back as AI Concerns Begin to Ease

Group 1 - Tech stocks are showing signs of recovery as dip buyers return, with notable companies like Apple and Amazon involved in this rebound [1] - The software sector's valuations were considered stretched prior to the recent market drawdown, indicating potential corrections in stock prices [2] - There is uncertainty regarding the allocation of capital expenditures (CapEx) towards memory versus real capacity, with a reported 60% growth in CapEx raising concerns about its impact on revenue growth [3] Group 2 - A shift in how companies are judged is occurring, with new metrics such as token consumption being introduced to assess long-term revenue visibility [4] - Companies that can demonstrate revenue visibility through new metrics like token consumption or backlog may see their multiples improve, while others may remain in a "penalty box" until they do [5]