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AI Spending Fears Sink Big Tech Stocks While Memory Chip Makers Surge

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Major technology companies including Microsoft and Nvidia have seen trillions wiped off their market value amid growing investor concerns over massive AI spending. The sell-off reflects shareholder anxiety about whether these large-scale investments will deliver meaningful financial returns. In contrast, hardware firms — especially memory chip manufacturers — are thriving as demand for AI infrastructure components rises sharply. This divergence signals a broader market rotation away from software-heavy tech giants toward AI supply-chain enablers. The upcoming second-quarter earnings season is now seen as a critical test for big tech to justify its AI expenditure to investors.

Read the full story at Times of India

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AI Spending Fears Sink Big Tech Stocks While Memory Chip Makers Surge · ShortSingh