WS #16643
Intel plunged 29% on Friday following weak guidance, setting off a cascade of selling that extended into Monday's close alongside Amazon's disappointing outlook. The combined weakness has led analysts to question the viability of current AI capital expenditure levels, causing the Nasdaq 100 to log its steepest monthly decline in over a year. This represents a structural shift in sentiment from 'growth at any cost' to skepticism regarding AI monetization timelines.
AI Capital Expenditure Selloff
Intel plunged 29% on Friday following weak guidance, setting off a cascade of selling that extended into Monday's close alongside Amazon's disappointing outlook. The combined weakness has led analysts to question the viability of current AI capital expenditure levels, causing the Nasdaq 100 to log its steepest monthly decline in over a year. This represents a structural shift in sentiment from 'growth at any cost' to skepticism regarding AI monetization timelines.