AI Bubble Pops as Tech Stocks Crumble | Irvine News

Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Irvine News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews Tech stocks are crashing as AI hype meets reality, with Western Digital, SanDisk, Micron, and Intel all down over seven percent after soaring valuations. Investors fear AI may not deliver promised profits, while oil prices stay high despite U.S.-Iran tensions. Global markets tumble — Europe and Asia feel the pain — but TSMC shines with a $100B U.S. chip bet and strong earnings, and Alibaba surges after news its AI tools will power Apple’s China rollout. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/7aede6aa36050ada