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EconomyUS tech stocks plunge on concerns over AI costs

Tech shares fell for a second day as investors questioned whether companies can earn enough to justify hundreds of billions of dollars in AI spending. Intel dropped as much as 30%, while the Nasdaq slid more than 3.5%; Alphabet, Amazon and Reddit also declined.

tech stocksartificial intelligenceIntelNasdaq

BBBC News★★★☆☆2026-10-30 15:01Original

US tech stocks plunge on concerns over AI costs
US tech stocks plunge on concerns over AI costsEconomy