World Business Report Billions wiped out as AI sector bears the brunt of tech sell-off
Nov 14, 2025
Takara Small, a national technology columnist for CBC, and Randeep Somal, a fund manager at M&G Investments, delve into the recent sell-off in tech stocks, particularly AI favorites like Nvidia and Alphabet. They discuss AI fatigue and failed projects contributing to waning investor interest. Randeep highlights macroeconomic factors and profit-taking, while Takara notes geopolitical risks affecting valuations. They also touch on Google’s efforts to comply with EU regulations and the surprising news around Domino's UK sales.
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AI Stocks Retreat From Elevated Peaks
- AI favourites like NVIDIA and Alphabet have seen sharp valuation retreats after rapid gains this year.
- Market doubts stem from overblown expectations and weak near-term profit signals.
AI Fatigue And Failing Pilots
- Takara Small highlights 'AI fatigue' and failing pilots undermining enthusiasm for workplace AI.
- An MIT study showed most generative AI pilots at companies are failing, tempering real-world expectations.
Policy, Chips And China Pressure Tech
- Valuations, chip manufacturing constraints and unpredictable trade policy combine to sap tech confidence.
- Changes to tariffs and China market access notably affect NVIDIA's revenue outlook.