Deutsche Bank: AI stocks are expected to experience technical adjustments after overbought, leading to increased volatility in the sector in the future According to Golden Finance, on July 7th, the market reported last week that Meta will transform its cloud business and sell its remaining computing power, causing significant fluctuations in the data center and chip sectors. Deng Zhijie, Chief Investment Officer for Emerging Markets at Deutsche Bank, believes that the sharp decline in related stocks is only a technical adjustment, and the industry fundamentals have not actually changed much. He pointed out that AI stocks belong to high beta stocks, and if there is a serious overbought situation in related stocks, any uncertain news will lead to a stock price adjustment. However, the industry fundamentals have not changed, but the volatility of the sector will increase in the future. He added that with the improvement of the entire AI ecosystem in mainland China, there are still opportunities for AI stocks and even related fields such as data centers and power companies to catch up in the future.