$2.3 Trillion Wiped From Magnificent Seven As AI Spending Questions Pressure Tech Shares
- Posted on June 30, 2026
- By International Business Times
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- 1 min read
$2.3 Trillion Wiped From Magnificent Seven As AI Spending Questions Pressure Tech Shares
The seven largest U.S. technology companies have seen trillions erased in market value this month even as chipmakers and memory suppliers extend a separate rally tied to artificial intelligence demand.