US tech stocks see sharp falls as AI spending nears $1tn

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. Shares in Intel plummeted by 28% on Friday, while Google owner Alphabet saw its stock price continue to fall another 1.4% after a 12% plunge on Thursday.

Source: BBC Business

Indexed: Sat, 31 Oct 2026 21:26:01 UTC

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