🔻 Big Tech Just Lost $1.3T in Market Cap — AI Reality Check?
Since January, mega-cap tech has shed over $1.3 trillion in value as investors start questioning whether massive AI spending will actually pay off.
• Microsoft: -17% YTD (~$613B wiped out)
• Amazon: -14%
• Apple: -$256B
💰 What’s happening?
Big Tech is spending at record levels on:
– AI data centers
– GPUs & custom chips
– Model training
– Cloud infrastructure
CapEx is exploding.
Returns? Still mostly projected.
⚠️ The market shift:
2023–2024 = “AI will change everything.”
2025 = “Show me the money.”
Investors now care about:
• ROI on AI investments
• Margin pressure
• Monetization timelines
• Enterprise adoption speed
Hype → Accountability.
📉 Is this bearish?
Not necessarily.
This looks more like:
• A valuation reset
• A digestion phase
• A timing debate on AI profitability
The AI race isn’t over.
But markets want proof — not promises.
Are we seeing:
A) Healthy correction
B) Start of a deeper unwind
C) Buying opportunity
What’s your take? 👇
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