AI bubble bursts? Tech stocks crash on earnings
Part of composite article Tech Bloodbath: Intel's Record 21% Crash Erases $12 Billion in Government Stake as Nasdaq Slides View full article →
Tech stocks fell sharply on Friday as disappointing earnings reports raised fears about artificial intelligence (AI) investments. The steep losses reversed the optimism seen earlier in the week, which was driven by AI company Anthropic's IPO filing.