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Tech Stocks Slide Amid Growing Doubts Over AI Spending

October 16, 2026 The New York Times
Automation
Tech Stocks Slide Amid Growing Doubts Over AI Spending

Key Takeaways

  • 1Tech stocks experienced a significant sell-off on October 16.
  • 2Investors are questioning the sustainability of massive AI infrastructure spending.
  • 3Stubborn inflation and market volatility are compounding the sector's decline.
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