The AI bubble may not have burst yet, but $1 trillion worth of air… | HappeningNow.news

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The AI bubble may not have burst yet, but $1 trillion worth of air appears to have escaped

Not so much 'going out with a bang' as 'anticlimactic party balloon deflation'.

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AI Summary

Tech stocks tied to AI and semiconductors fell sharply this week, with Nvidia’s share price dropping about 8% over the past five days. AMD experienced a 13% decline and Intel nearly 15% in the same period. CNBC reports that, across the sector, the 20 most valuable AI and semiconductor companies have collectively shed more than $1 trillion in market value as investors continue to sell off shares.

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