Nasdaq opens 2% lower as Amazon and Intel selloff deepens AI spending concerns

AI Chips & Semis (Google News)en

AI Chips & Semis (Google News)

AI Global Wire

Amazon is burning cash while keeping a massive 2026 capex plan (~$220B). That’s a direct hit to the market’s “AI ROI soon” narrative and it drags sentiment across cloud/AI infrastructure spend. Sell ...

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