Technology continues to shape the world we live in, while the advent of artificial intelligence (AI) appears to be a game-changing phenomenon. Not surprisingly, tech companies have grown to become some of the largest and most powerful companies in the world.

Asian and European stock markets rallied Wednesday, helped by renewed positivity over the tech sector, analysts said.

Tech stocks have rallied back to 2021 levels but appear to be turning a corner for the worse. Even bullish investors acknowledge a correction is coming. They’re only bullish now as they think a correction is further off.

The entire stock market seems to be centered around the technology sector today, going after the ever-increasing valuations and growth projections seen in the artificial intelligence space and its support areas,