AI Spending Sparks Tech Stock Selloff: Meta Shares Slump 7% As AI Spending Soars | WION

Technology stocks faced a selloff as growing artificial intelligence (AI) investments raised concerns among investors about rising costs and future profitability. Meta Platforms shares plunged 7% amid increasing AI spending, highlighting market worries over the massive investments tech giants are making in AI infrastructure, data centers, advanced chips, and next-generation #ai #meta #wion About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Gl