AI price reality check rattles tech stocks
AI demand remains strong, but compute economics are shifting: costs are falling for non-frontier workloads while flagship frontier-model prices stay high, prompting a market re-pricing of tech shares as investors weigh budgeting risks; chip names like Micron and Alphabet slumped amid mixed signals, and executives say AI costs are hard to track and can burn through budgets even as demand for AI compute remains outsized relative to supply.
