Investors are skeptical about the quick return on AI spending by tech giants

Shares of major technology companies have begun to fall amid growing investor doubts that multi-billion dollar expenditures on artificial intelligence will quickly yield profits. According to the Los Angeles Times, financial markets are recording a cooling of growth in the sector.

In particular, Intel's stock plummeted by 30%. Weak quarterly reports due to heavy investments in AI infrastructure were also shown by players such as Amazon, Alphabet, and ServiceNow.

Such sentiment on the stock exchange reflects Wall Street's general anxiety that the golden quarters of tech giants may be behind them if investments in generative models do not start generating real cash flow.