The real question we should all be asking about AI | CNN Business
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Google just had its worst day ever. Intel tumbled more than any day since the Nixon administration. Amazon and Meta both had significant declines this week, too. The Nasdaq tumbled and is just over a percentage point away from a correction (a 10% decline from its all-time high).
A television shows Intel Corp. news at the New York Stock Exchange on October 30, 2026.
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Google just had its worst day ever. Intel tumbled more than any day since the Nixon administration. Amazon and Meta both had significant declines this week, too. The Nasdaq tumbled and is just over a percentage point away from a correction (a 10% decline from its all-time high).
The common thread: Building the infrastructure to power AI is really, really expensive – and Big Tech profits aren’t yet justifying that massive expense. AI companies are increasingly doling out more cash for data centers than their businesses are able to generate.
