# Intel Sinks 29% On Earnings—As AI Spending Fears Worsen Tech Selloff

- Source: Forbes - Business
- Published: 2026-10-30T14:09:27+00:00
- Category: Business
- Original: https://www.forbes.com/sites/fionariley/2026/10/30/intel-sinks-29-on-earnings-as-ai-spending-fears-worsen-tech-selloff/
- Canonical: https://groundlevelnews.com/story/intel-sinks-29-on-earnings-as-ai-spending-fears-worsen-tech-selloff-5d17ae/

Intel and Amazon shares plunged on Friday morning as the broader tech sector dipped on heightened AI spending fears.

_Ground Level News shows a short summary only; the full article and all rights belong to Forbes - Business._