Amazon burns cash, Intel flags weak PC demand as AI boom’s costs ripple across markets

T1Covered by 1 source · first reported by The Hindu — Technology / BusinessLine — Info-tech at 30 Oct, 03:13 UTC

Selloff hits AI, cloud stocks and chipmakers alike; Lower PC demand a sign of consumer pain; Semiconductor index down 21% from June all-time high

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Sources

• T1Amazon burns cash, Intel flags weak PC demand as AI boom’s costs ripple across marketsThe Hindu — Technology / BusinessLine — Info-tech30 Oct, 03:13