Tech Shares Slide as AI Spending Raises Concerns | Fanziz

Global tech shares fell on Friday as investors sought safety amid concerns over high AI spending and low returns. The tech-heavy Nasdaq 100 is expected to drop over 2.5%, with Intel shares down 25% and Amazon down 6%. Alphabet lost $500 billion in market value as its cash flow turned negative due to massive AI investments. Investors are anxious about the future of tech stocks.