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Intel Crashes 30%, Big Tech’s AI Spending Raises Alarms & Oil Profits Surge
Intel shares are plunging nearly 30% following disappointing earnings, while Amazon and Alphabet are facing growing investor concerns about their enormous artificial intelligence investments. With technology stocks selling off, Wall Street is questioning whether the AI boom will generate enough revenue to justify the trillions of dollars being spent on data centers and infrastructure.
Chuck Zodda and Mike Armstrong break down Intel’s struggles, the risks facing Amazon, Alphabet, and Microsoft, and why widespread AI adoption may not necessarily translate into massive profits. They also discuss…
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