The iShares Expanded Tech-Software ETF is taking a hit as AI’s promised software revolution hits speed bumps—companies are rethinking AI spending amid soaring chip costs, forcing giants like Nvidia and Micron to fall sharply, while firms like Uber and Amazon slash budgets, and surprisingly, hiring is rebounding as the AI hype cools faster than expected.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/69211d6f222ed7d9

Rss Apple Podcaster
Podden och tillhörande omslagsbild på den här sidan tillhör The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av, eller tillsammans med, Poddtoppen.