Mmastodon TechnologyAI first seen 2 d ago, last 2 d ago, peak #8
US tech stocks slide as AI spending nears $1 trillion
Original: 📰 US tech stocks see sharp falls as AI spending nears $1tn Shares in Intel continue to fall while the tech-heavy Nasdaq
US technology stocks have fallen sharply as combined spending on artificial intelligence approaches $1 trillion. Intel shares continued to decline, and the tech-heavy Nasdaq opened at its lowest level in more than two months. Investors are reportedly growing uneasy about whether the enormous outlays on data centres and AI infrastructure will deliver returns to match.
Why now: Investors are questioning whether massive AI investment will pay off, driving a broad tech sell-off.
Evidence
- 📰 US tech stocks see sharp falls as AI spending nears $1tn Shares in Intel continue to fall while the tech-heavy Nasdaq opens at its lowest level in more than two months. 📰 Source: BBC News 🔗 Link: https://www.bbc.co.uk/news/articles/cvwy72e0n72yo?at_medium=RSS&at_campaign=rss… · feed@igeek.gamer-geek-news.com
API: https://socialmediatrends-api.osmike.com/v1/trends/4536003