
Despite AI exhaustion, tech stocks have been resilient. Software stocks are resurfacing after spending much of 2026 under pressure, fueled by blowout earnings from Salesforce and Palantir. For investors concerned about AI mega-cap concentration, select small-cap tech stocks can offer growth and reduced exposure to hyperscaler capex. Small-cap tech stocks have quietly outperformed large-cap peers in the past year, and continue to trade at more attractive earnings multiples.










