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Tech Shares Fall for a Second Straight Day as AI Enthusiasm Cools

Tech Shares Fall for a Second Straight Day as AI Enthusiasm Cools

Onyeka Okonkwo

Onyeka Okonkwo

1h ago·1
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A technology stock selloff moved into a second day on Thursday, October 15, 2026, with chipmakers taking some of the heaviest losses, according to Reuters. The Wall Street Journal reported that the decline was set to continue for another session.

CNBC reported that S&P 500 futures fell as tech shares dropped for a second day, with more economic data still ahead. CNN described the pullback as a global one, saying it deepened as enthusiasm for AI-related stocks wavered.

Bloomberg reported that equities slid as the AI-driven rout pushed investors toward bonds.

The reports point to a shared cause: fading confidence in the rally that had been built around artificial intelligence. Reuters focused on semiconductor companies as the hardest-hit group, while CNN framed the move as worldwide rather than confined to one market. Bloomberg's account highlighted where money appeared to be going instead, with bonds drawing investor interest as stocks weakened.

The coverage so far offers no confirmed figures on the size of the declines, and none of the outlets cited in the summaries named specific companies or individual stocks.

What to watch next: upcoming economic data, which CNBC said was due later, and whether the selling pressure in tech and chip shares continues or eases.

#tech selloff#ai stocks#chipmakers#s&p 500 futures#bond market

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