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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff and Jasper Jolly

Mixed signals on tech stocks amid debate over viability of AI boom

Nvidia microchip
A microchip. There are concerns that the excitement over tech companies at the forefront of artificial intelligence development has been overblown. Photograph: NurPhoto/Getty Images

Investors are sending mixed signals regarding their appetite for tech stocks, as the growing debate over the artificial intelligence boom, and a US clampdown on chip exports to China, raise questions over the direction of growth for key companies.

There were fears of a fresh sell-off after the US-listed shares in the chip maker Nvidia dropped 7% overnight, amid concerns that excitement over companies at the forefront of AI development had been overblown.

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