Leading tech companies experienced a massive selloff over the last several weeks, with more than one trillion dollars erased from their combined market valuations as investors expressed concern over ballooning AI expenditures.
CNBC reports that the tech sector faced significant turbulence as six of the industry’s largest companies saw their stock prices decline sharply throughout the week ending Thursday. Microsoft, Nvidia, Oracle, Meta, Amazon, and Google collectively lost $1.35 trillion in market capitalization, according to data compiled by FactSet. The dramatic selloff was triggered by investor anxiety surrounding the enormous capital expenditure commitments these companies have made to AI infrastructure.
Read Full Article: https://www.breitbart.com/tech/2026/02/06/big-tech-loses-1-35-trillion-in-market-value-as-ai-skepticism-grows/
