The stock market decline of the top five American technology companies, represented by Apple, has given some competitive domestic companies a big breathing space, and also made the capital see the weakness of American technology companies, and a large amount of funds will be withdrawn from these technology companies, thus having the opportunity to invest in domestic technology companies, which is of great benefit to the development of domestic technology companies. After all, capital is profit-seeking. When you are unable to attract money to investors, investors will immediately invest money.
This is a good thing for some domestic technology companies, such as Xiaomi and Huawei, which have direct competition with Apple in the mobile phone industry. If Apple's mobile phone becomes less competitive because it doesn't have a lot of capital investment, it will be a good overtaking opportunity for mobile phone companies such as Xiaomi. Although the stock market decline once or twice at this stage can't completely surpass Apple, it will surpass American Apple sooner or later as time goes by.
On the other hand, if top technology companies like the United States are facing a stock market decline, it actually shows that the whole technology environment is in a relatively slow development stage, otherwise investors will not be worried about profits. In fact, the domestic science and technology industry has a certain influence in the whole long-term development process. Although it can rapidly expand its share and market share in the short term, in the long run, it is still necessary to improve its own scientific and technological level in order to achieve long-term scientific and technological development and improve its profitability.