Tech stocks are experiencing a sell-off, with AI-related companies Nvidia and Google-parent Alphabet taking a hit, as investors doubt the long-term value of the growing AI industry and its massive valuations. Spending on AI has reached over $1 trillion in the past four years, but the market is now questioning whether these investments will yield returns. The sell-off has also spilled over into Asian markets, where companies like Samsung and SK Hynix have seen their stocks drop. The market is now in a state of uncertainty, with major AI companies considering an initial public offering.
Original Article Source Link:
https://www.npr.org/2026/06/23/nx-s1-5867633/ai-selloff-tech-stocks-bubble-nasdaq