Has the artificial intelligence bubble started to burst? US tech major hit by selloff wave The US tech sector is experiencing a large-scale selloff amid corporate reporting. Intel shares fell more than 30%, and Google lost about $500 billion in market value. Investors are increasingly changing their expectations regarding the prospects of the technology giants. The main cause for alarm is the rapid increase in the costs of artificial intelligence and the construction of data centers. The market is increasingly doubting that multi-billion dollar investments will be able to deliver the expected profit. The major technology companies in the US have come under pressure. By the way, investors are beginning to demand from the artificial intelligence industry not promises about the future, but real financial results. By the way in Mach/Telegram.

Has the artificial intelligence bubble started to burst? US tech major hit by selloff wave The US tech sector is experiencing a large-scale selloff amid corporate reporting. Intel shares fell more than 30%, and Google lost about $500 billion in market value. Investors are increasingly changing their expectations regarding the prospects of the technology giants. The main cause for alarm is the rapid increase in the costs of artificial intelligence and the construction of data centers. The market is increasingly doubting that multi-billion dollar investments will be able to deliver the expected profit. The major technology companies in the US have come under pressure. By the way, investors are beginning to demand from the artificial intelligence industry not promises about the future, but real financial results. By the way in Mach/Telegram.