Part of The AI Chip Bubble · 12 stories · since Oct 14 · newest 4d ago
Tech sell-off wipes out $1 trillion as Intel, Alphabet, Amazon miss on AI spendingAlphabet shares post worst day ever, losing $500 billion
2 Oct 29 5:00 PM · 9d ago · 15 articles · 3 posts · 9 comments · 4 sources · development 2 of 7
Alphabet's stock dropped more than 12% on Thursday, erasing about $500 billion in market value, after the company said AI search summaries were cutting into core search advertising revenue while AI capex climbed to roughly $205 billion for the year.
Andy Jassy Amazon CEODavid Zinsner Intel CFOChris Low Investment strategist, FHN FinancialIntel Chipmaker, majority US government-backed shareholder stakeAlphabet Google parent company
The whole story articlesvideospostscomments the bright band is this development · numbered dots are the others · click one to jump
Reported in the same hours no headline names this development itself — these 9 claims were published in its stretch
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first by TradingView, 9d ago · also Yahoo Finance Australia, FT
2 more headlines
- Intel plunges 20% as weak Q4 forecast overshadows earnings beat Yahoo Finance Australia · 9d ago
- Intel stock falls 16% as weak sales outlook dents turnaround FT · 9d ago
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first by The Guardian, 9d ago · also Guardian Tech, Associated Press
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first by The Motley Fool, 9d ago · also The Globe and Mail, Yahoo Finance
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first by The Times of India, 9d ago · also Times of India
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first by NYT, 9d ago · also NYT Tech
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first by Yahoo Finance, 9d ago
What people said 10 voices · verbatim
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This is no big surprise, computers are being kept longer and longer, and if it were not for the EOL (End of Life) of Windows 10 in October 2025, and Windows 11''s requirement of needing TPM 2.0 which became common in Intel CPUs as late as about 2018 forcing many people to upgrade otherwise functional computers before the Windows 10 drop dead date…
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Amazon's AWS grew 39% to $46.0B, its fastest pace in nearly five years. Shares fell 5% after hours. Peak acceleration, or a market fixated on capex? https://www.youtube.com/... $AMZN 🎙️ @DrillDownPod #DrillDownEarnings #Amazon.com
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Guess when the GPU manufacturers and the Memory manufacturers determine AI pays better than PCs it isn’t just the consumer who gets fucked!
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In order to use AI, people need computers...... that they can't afford anymore because of AI..... Yeah no shit.... Intel.....
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Blaming PC market for their shitty 13th and 14th gen chips that degraded to be completely unusable in such a short time????
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I don't own Intel stock. Oh wait ya I do. Thanks, Donald. Using my tax dollars to cushion the fall. Smh Idiots!!!!!
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Regular consumers are both too unimportant to focus on, but so important they can just wreck the company. lol
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This. It's amazing how many people on this sub forget the adage "you have to spend money to make money".
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yeah, let me know when this optimization will be discovered, so far since 1980 nothing new was invented
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Glad I sold at $120 after buying at $20.50. If only I bought more than one share.
All 7 developments of Tech sell-off wipes out $1 trillion as Intel, Alphabet… →
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