Tech selloff deepens as Amazon and Intel shares plunge

Shows investor patience with AI spending being tested by earnings.

Tech stocks fell for a second day after weak earnings: Amazon dropped about 7% on heavier-than-expected AI capital spending and Intel plunged after a disappointing forecast hit by a fab blast and PC weakness.

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Read it at Bloomberg →

Coverage: 3 sources, in order

1. 30 Oct 07:12 Bloomberg Read the article →
2. 30 Oct 07:42 The Economic Times Read the article →
3. 30 Oct 08:59 CNBC Read the article →

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