Mag 7 value shrinks by $2.3 trillion amid AI spending jitters — but investors are still backing chipmakers
Investors are growing jittery about massive AI spending by the Mag 7 and when these companies will produce a return on that investment.
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CNBC Top Stories You're reading this Mag 7 value shrinks by $2.3 trillion amid AI spending jitters - but investors are still backing chipmakers Strong bearish −65
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New York Post Business Microsoft to slash thousands of jobs as AI spending concerns fuel third major layoff round in a year: report Strong bearish −88
