US tech stocks fall sharply as AI spending approaches $1 trillion

Intel shares extend their decline as the Nasdaq opens at its lowest level in more than two months amid AI spending nearing $1 trillion.

AI-written summary · The Chestnut Post · October 31, 2026 at 10:00 PM EDT · How we use AI

US technology stocks fell sharply as spending on artificial intelligence approached $1 trillion.

Intel shares continued to decline, while the technology-heavy Nasdaq opened at its lowest level in more than two months.

Originally reported by BBC News. Read the full story at BBC News

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