A sharp reversal in investor enthusiasm for AI semiconductor companies is triggering a cascade of postponed offerings, executive warnings about speculative excess, and coordinated selloffs across global chip markets.
12 stories · since Oct 14
Disappointing earnings from Intel, Alphabet and Amazon intensify investor doubts that massive AI capital spending will pay off, dragging the Nasdaq into its worst week since June.
A Q3 earnings miss tied to AI search costs wiped $475B off Alphabet in a day, and the AI-spending jitters spread to Amazon and Intel.
Facing its first negative free cash flow in a decade, Meta opens a $35B stock offering now and a $60B share program for 2027, with Nvidia, AMD and Broadcom as cornerstone buyers.