The AI bubble seems to be popping sooner than expected. Investors are running out of patience, and they want to know where the returns are on the huge AI investments. Tech stocks, including Amazon, Meta, Alphabet, and Intel, dropped hard after their latest earnings reports. Intel fell 29%, its biggest one-day drop in more than four decades, after a weak sales forecast dragged down chipmakers like Nvidia and Broadcom. Before the drop, Intel had gained about 143% over the past year, and we looked at whether its turnaround could keep going.Read our Intel analysis here. Amazon and Alphabet also fell after they stuck with aggressive AI spending plans while their core businesses cooled. Alphabet and Meta both reported negative cash flows.
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