Macro Finance
US tech stocks see sharp falls over AI cost concerns
BBC Business·October 30, 2026·1 min read
US tech stocks fell sharply on Friday as Intel shares continued to decline and the Nasdaq opened at its lowest level in more than two months, driven by concerns over the cost of artificial intelligence. The selloff deepened a global tech rout, with investors rotating out of the sector amid worries about AI spending and profitability.
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