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Amazon, Intel shares crash up to 25% in premarket trade as AI spending concerns trigger tech sell-off - What's next?

📰 Mint 🕐 1 min read 📅 October 30, 2026 👁 1 views
Amazon, Intel shares crash up to 25% in premarket trade as AI spending concerns trigger tech sell-off - What's next?
Amazon shares fell 7.4% and Intel plunged 25% in premarket trading as investors reacted to weak business outlooks and rising AI investment costs. The sell-off weighed on other chipmakers and reflected growing concern that heavy spending is eroding Big Tech cash flows.
Read full article on Mint

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