Worries Keep Bubbling Up About Tech Stocks’ AI Boom
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Forget tariffs, government spending cuts and the threat of recession. For investors in technology stocks, it’s fears about a bubble brewing in AI that’s weighing on the market.
The Nasdaq 100 Index just posted its biggest quarterly drop in almost three years, down 8.3%, after a pair of warnings last week fanned anxieties about a possible pullback in the hundreds of billions of dollars flowing into data center infrastructure.