Tech Stocks Plummet to Pre-ChatGPT Prices

Technology stocks have fallen to their lowest valuation since before ChatGPT launched in November 2022. The drop signals fading investor confidence in artificial intelligence companies. Many AI-focused firms that surged in value two years ago now trade below their starting points. Analysts point to several causes: slower-than-expected corporate spending on AI tools, rising interest rates, and growing skepticism about when AI investments will generate real profits. The selloff affects major players across the sector. Companies that once led the AI rally now face pressure to prove their business models work. For investors, the question is simple: is this a buying opportunity or the start of a longer decline? Market watchers remain divided.