WS #16670
The technology sector is under severe pressure as Alphabet recorded its worst weekly market value loss of $477 billion, reflecting deep concerns over AI monetization and regulatory risks. Compounding the selloff, reports indicate Amazon is canceling GPU orders and closing accounts, tightening supply for AI infrastructure. While Apple has reclaimed the top market cap spot via hardware innovation, Nvidia faces headwinds from political uncertainty regarding its CEO's ties to China.
Tech Selloff and Supply Chain Disruption
The technology sector is under severe pressure as Alphabet recorded its worst weekly market value loss of $477 billion, reflecting deep concerns over AI monetization and regulatory risks. Compounding the selloff, reports indicate Amazon is canceling GPU orders and closing accounts, tightening supply for AI infrastructure. While Apple has reclaimed the top market cap spot via hardware innovation, Nvidia faces headwinds from political uncertainty regarding its CEO's ties to China.