Fears over $828 billion AI capex spending spree help wipe $1 trillion from Nasdaq 100
AI Market Summary
Disclosures showing roughly $828 billion of hyperscaler AI capex this year, with bank estimates near $1 trillion by 2027, triggered a sharp tech selloff as investors questioned returns and margin pressure. The Nasdaq 100 fell 2.9% and about $1 trillion in value was erased, weighing on AI-linked equities and broader risk sentiment, with possible spillover into crypto.
Impact level
● High
Affected assets
NCSINASDAQ1002USD/USDT+0.04%
AI Insight · NCSINASDAQ1002USD/USDTAI Insight
▼ Bearish
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Five tech giants are set to spend as much as $828 billion this year on infrastructure as the AI race eats into cash flow and rattles Wall Street.
