US tech stocks see sharp falls over AI cost fears
AI summary
Editorial policyUS tech stocks fell sharply over AI cost fears, with Intel shares continuing to decline and the tech-heavy Nasdaq opening at its lowest level in more than two months.
Key points
- •Intel shares continued to fall amid concerns about AI costs.
- •The tech-heavy Nasdaq opened at its lowest level in over two months.
- •Market-wide concerns about AI cost burdens were reflected in stock prices.