Intel Falls 29% After Earnings as AI Spending Fuels Tech Selloff


Intel and Amazon plunged after weak earnings, stoking investor fears that massive AI infrastructure spending will deepen the broader tech downturn.

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The clip shows a sharp, headline-grabbing move: Intel plunged about 29 percent after earnings and Amazon also fell, and Forbes ties both drops to rising investor fear that massive corporate spending on artificial-intelligence infrastructure will deepen a tech selloff. The interesting part is the framing, this is not a one-company story but an industry narrative, where weak numbers from large cloud and chip spenders feed a single fear: AI buildouts are expensive and the market is suddenly repricing that risk.