773
Tech stocks set to wipe out more than $1 trillion as concerns deepen about the AI boom
(www.nbcnews.com)
this post was submitted on 30 Oct 2026
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Technology
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Greetings again 👋
Yah I agree, I don’t think it will be a traditional bailout like the auto industry though which was forgivable loans, I think it’ll likely come in the form of additional stock purchases by the US government, which is wild when you think about it.
No but they (AI companies and those claiming to be one including chip companies) directly influence the stock market, and this administration is having its day manipulating the hell out of it making a ton of money along the way. So if there is a way for the to make money on it, it will absolutely happen. Also the chip companies have national defense interests and so it’ a similar scenario as the DOD’s mission can not ever be hampered lol. The line must go up lol.
Ha! And thank you.
One sticking point, Trump can't spend that kind of money and he's about to lose the House and possibly the Senate.
We can only hope…but his family can spend it.
LOL, the entire Trump clan couldn't put a tiny dent in a bailout that would cost an easy trillion dollars.