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Markets

Amazon burns cash, Intel flags weak PC demand as AI boom’s costs ripple across markets

viaeconomictimes.indiatimes.com5d ago
Amazon burns cash, Intel flags weak PC demand as AI boom’s costs ripple across markets
As Wall Street grows increasingly anxious about AI-related expenditures, major tech giants like Amazon and Intel display alarming financial outcomes. With soaring operational costs and waning consumer interest, both companies face challenging cash flow situations, resulting in borrowing to cover…

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