Veytics Intelligence
2026-10-23 · Yahoo

The AI Rout: Sorting CAPEX Fact From Fiction

Funding Fears Threaten AI Bull Market Early in the year, investors rushed into tech stocks as AI innovations, investment, and rapid growth expectations drew attention away from the rest of the market. AI-related leaders like Bloom Energy (BE),SanDisk (SNDK) and Advanced Micro Devices (AMD) each soared more than 100%. However, over the past few months, Wall Street's price action has completely flipped. Although major market indices are within a hair of all-time highs, leading AI-stocks have been lackluster, with many down 50% or more off their 2026 highs. What Caused the Destruction in AI Stocks?

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