Shares of technology companies in the United States recorded sharp declines, with the market under pressure from concerns over costs associated with artificial intelligence. The Nasdaq technology index opened trading at its lowest level in more than two months.
The decline affected a wide spectrum of tech stocks, with Intel shares among the most hit, continuing their downward trajectory. This continued fall followed previous losses, further intensifying pressure on the sector.
The key driver of the negative market sentiment is investor fear of the costs incurred by the development and application of artificial intelligence. This concern is manifested through a broad drop in the value of tech stocks, rather than just individual companies.
The latest data confirm that the risk of high investment in artificial intelligence has become a central theme for investors in the technology sector. The Nasdaq opening at its lowest level in over two months reflects the depth of distrust towards current valuations and outlooks for technology companies.
The market situation is being monitored hour by hour, and further movements will depend on whether pressure on tech shares continues or if investors gradually stabilise.
