Amid this shifting geopolitical landscape, investor and market commentator and Managing Partner & CIO, at Complete Circle, Gurmeet Chadha has issued a stark warning on X (formerly Twitter): “See a big bubble in US tech stocks…”
Chadha’s comments come at a time when countries are increasingly prioritizing digital sovereignty and reassessing their dependence on US-based platforms.
In his post, he pointed to global user dynamics, stating that “World population is 8 billion.. China with 1.5 bn hardly uses US social media & tech platforms.” He added that India, with a comparable population, is expected to move in the same direction: “India with 1.5 bn people in next 3 years will reduce its dependence significantly…so will other nations.”
Blaming what he calls tariff tantrums and an attack on sovereignty, Chadha argues that these developments could drastically reduce the total addressable market (TAM) for US tech companies. He predicts this impact could be as high as “50%..”
Chadha’s views highlight a growing unease within financial circles about how global tech usage patterns may evolve in response to protectionist trade policies and nationalist tech agendas.As countries push back against external digital influence, US tech firms could face stiff challenges in maintaining their global user base—casting shadows over their current valuations.Also read: After income tax and GST tweaks, Gurmeet Chadha bats for next big push — LTCG cut
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