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

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

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

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Published: October 30, 2026 15:07:05 IST

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By Sinéad Carew and Aditya Soni NEW YORK, Oct 29 (Reuters) – Wall Street's worries about the cost of the AI boom escalated after the market close on Thursday, as results from Amazon and Intel showed

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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