The stock markets have big problems right now. Many shares of tech firms lose value. The firm Intel has a very hard time. The value drops by 30 percent in one day. This is the biggest loss in the history of the firm. Firms like Amazon and Nvidia also lose much money.
A reason for the crisis is high costs. Many firms pay billions for smart computer programs. People call this artificial intelligence. Experts ask: Does this tech really bring enough money? The profits are smaller than expected. This makes the investors nervous.
Firms in Europe also feel the crisis. The shares of Infineon and ASML fall. In Austria, the firm AT&S loses much value. There are also worries about the economy in Germany and France. The German economy grows a little. The French economy shrinks. This hurts the whole euro area.
