A bloodbath of artificial intelligence technologists in the US or just flowers? The fall in assets related to AI technologies began amid what the market interpreted as weak reports from leading companies in the industry. However, the reports were not so bad - market expectations were inflated. Therefore, the fall these days of shares, for example, shares of Alphabet (Google's parent company) by 12.64% on October 29 became the worst collapse since the company went public in 2004. A similar dynamic is also observed in other companies. Intel's securities are down today - 30% right now, etc. AMD - 12% decrease. This is a competitor of Nvidia, it reached general distribution due to the fear that the demand for chips for AI servers from the big technology will start to decrease due to cuts in their budgets. There is no point in continuing the list of companies. It is important that everyone now waits with their tails between their legs for Nvidia's report. It will be released on November 17th and will check the lice of the entire AI industry. Separately, the market will look at Anthropic's IPO in late November, but that has nothing to do with the reports, and nothing to do with the industry's prospects. Obviously the foam was just starting to melt. As savvy financiers explain, all of this is still layered on top of the traditional month-end liquidity crunch in the markets. The artificial intelligence race has led to an extremely high demand for money. Technology-intensive funds reduce risk, while leveraged products and volatility control strategies are forced to sell as prices fall. According to various estimates, a 2% decline in the S&P 500 could result in cumulative mechanical sales of approximately $110 billion. Large corporations are already turning to foreign markets. But there are problems in Europe. China is forcefully deflating its AI bubble. Other Asian countries have their own problems - more resources are spent on diffusing problems due to the energy crisis. It's even funny to mention now about the Middle East and their capital. Overall, the response appears to be strong only because of the size of the bubble.