Amazon falls 7%, Intel plunges 25% in premarket trading, as pressure mounts after earnings

Tech stocks tumble as investor anxiety mounts over substantial artificial intelligence expenditure.

By GPU Data Hub Desk · GPU Data Hub·Editorial standards·30 Oct 2026, 09:16·United States

Shares in Intel and Amazon suffered steep declines in premarket trading following their latest financial results, dropping 25% and 7% respectively. Market sentiment has turned cautious amid escalating capital expenditure on artificial intelligence infrastructure and uncertainty surrounding the returns on these heavy investments.

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This summary was written by the GPU Data Hub desk from reporting published by CNBC Technology on 30 Oct 2026, 09:16. Read the full article at the original publisher.

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