Tech stocks slide as AI spending fears return

Tech stocks experienced a decline, with the Nasdaq falling 1.2%, despite Nvidia reporting better-than-expected results on Wednesday. The market's reaction highlights ongoing concerns regarding artificial intelligence (AI) spending, which has been a significant driver of growth in the tech sector. Investors are cautious about the sustainability of AI investments and their impact on future earnings. This downturn reflects broader anxieties in the market as analysts assess the implications of fluctuating spending trends in technology. As companies navigate these challenges, the tech sector's performance remains a focal point for investors looking for stability in a volatile market.

• Nasdaq falls 1.2% amid market concerns.
• Nvidia reports better-than-expected results.
• Renewed fears over AI spending impact tech stocks.
• Investors cautious about future earnings.
• Market volatility affects tech sector performance.