The Tech Sell-Off is Putting the AI Trade on Notice. An Expert is Questioning Whether the Spending is Justified.

Source: International Business Times

Tech stocks have plunged as traders question AI-related spending. Getty Images Amazon and Intel's stock sell-offs are exposing a pressure point in the artificial intelligence trade that investors increasingly want companies to show how enormous spending commitments will produce profits, rather than simply promise a place in the next technological revolution. The selling spread across technology stocks Friday as Amazon's cash outflows and Intel's warning about cash burn intensified scrutiny of the AI infrastructure boom.