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Tech Stocks Plunge as Doubts Over AI Spending Intensify

Original: Tech Stocks Plunge as Doubts Over A.I. Spending Intensify

Technology stocks fell sharply as investors grew increasingly skeptical about the enormous spending on artificial intelligence infrastructure and when it will pay off. Markets reacted to mounting questions over whether heavy investments in data centers and chips by major tech companies will deliver returns, triggering a broad sell-off across the sector.

Why now: Investor concerns over the profitability of massive AI investments have triggered a market sell-off.

Tech sectorNew York Stock ExchangeWall Street

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