# US tech stocks plunge on concerns over AI costs

https://mins.news/en/item/122703

- BBC News, 2026-10-30 15:01 UTC
- Economy
- Original: https://www.bbc.co.uk/news/articles/cvwy72e0n72yo?at_medium=RSS&at_campaign=rss

> 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.

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