Wall Street’s AI-driven technology rally faced pressure as investors questioned whether rising infrastructure spending can generate sufficient returns. While hyperscalers such as Alphabet, Amazon, Meta and Microsoft declined sharply, semiconductor and data storage firms including Micron continued gaining on strong AI hardware demand expectations.
US tech giants, including Alphabet, Amazon, Meta, and Microsoft, experienced a sharp decline as investors expressed concerns over whether rising AI infrastructure spending will yield sufficient returns. This selloff impacted Wall Street's AI-driven technology rally. However,…
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