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Bloomberg Surveillance · Friday, July 24, 2026

Tech Valuations Plummet Amid Rotation, But Long-Term Outlook Remains Positive

The premium for the technology sector has significantly decreased, with multiples dropping from around 32 to 23. While the tech sector, particularly semiconductors, has experienced pullbacks, the long-term outlook remains positive. Speaker 4 suggests that despite current concerns, money will eventually flow back into tech.

The tape

3 quotes
The technology sector was trading for about a thirty two multiple. Now that's down to about twenty three.
Speaker 3
The premium for tech to the overall market early in this pool market was about forty five percent. That was the peak and now we're down to about ten.
Speaker 4
So at least at least the good news to me is you're setting expectations.
Speaker 3
Heard on Bloomberg Surveillance — “Bloomberg Surveillance TV: July 24th, 2026, published Friday, July 24, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
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Tech Valuations Plummet Amid Rotation, But Long-Term Outlook Remains Positive — Heardvine