Monday, February 9, 2026 at 11:13 PM
The global AI trade is experiencing a fracture as investors reassess their positions amid rising capital expenditures and doubts about profitability, leading to a shift in focus from big tech companies to memory chip investments.
Investors have punished big-spending tech giants and software companies while betting on memory chips.
Lured by its big, tech-savvy population, Google and other giants are sinking tens of billions into the Indian market.
Wall Street has been rotating out of AI leaders into real-economy stocks.
