US tech stocks tumble as earnings stoke AI spending fears

Intel’s shares on track to plunge by the most since 1974 after chipmaker’s results spook investors

US tech stocks tumble as earnings stoke AI spending fears

TL;DR

  • Intel's shares are set for a substantial plunge.
  • This potential drop could be the largest since 1974.
  • The decline is attributed to the chipmaker's recent results spooking investors.