FT Edit @ftedit.ft.com · 23d The Magnificent Seven group of megacap tech stocks has shed more than $2.3tn of value this month. Meanwhile, the companies that benefit from their multibillion-dollar AI spending on chips and hardware are enjoying "off the charts" gains. Read the story on #FTEdit 👉 ft.trib.al/Q2FUkGI
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Price fixing brings in the big bucks!
Chips and hardware are being bought by the AI 'big ones' on a basis of FOMO yet demand by end-users not escalating due to costs and ROI issues. Eventually the see-saw must balance itself. Big losses ahead.