Tech stocks and Bitcoin are recovering after significant losses
After three days of heavy losses, investors are regaining confidence in technology stocks. Previous record highs remain unmatched.
(Image: Vintage Tone/Shutterstock.com)
On the US stock exchanges, shares of technology companies regained value on Friday after days of significant losses. The biggest gainer on the US Nasdaq exchange was Nvidia, which closed the trading day up 7.8 percent. At around 185 US dollars per share, the stock is now just under one percent away from its price at the beginning of the week.
As the Financial Times reports, other tech stocks also rose again, including Intel and Broadcom, although not as significantly as Nvidia. Nvidia's CEO Jensen Huang told US television channel CNBC on Friday that he considers the expansion of AI data centers to be "sustainable." This week's price drop was triggered, among other things, by waning investor confidence in the AI boom, but not only. As Bloomberg wrote on Thursday, persistently bad news from the economy and politics led to a flight from tech stocks and other assets previously considered safe.
Bitcoin also recovers
This also included Bitcoin, which briefly fell to around 60,000 US dollars this week. On Monday, it was still worth just under 79,000 US dollars; currently, it is just under 70,000 US dollars. The cryptocurrency has not yet fully recovered from its losses and is far from its peak of over 125,000 US dollars in early October 2025. Other coins are also affected by the losses, and their trends generally follow Bitcoin's development.
Videos by heise
However, concerns about the AI bubble bursting remain. Fabiana Fedeli from asset manager M&G told the Financial Times: "The market is rethinking its approach to AI." Other analysts pointed out that some investors may have adjusted their portfolios according to the old motto "buy the dip," meaning they bought when prices were falling.
Nvidia, which supplies most AI accelerators in the form of GPUs, remains at the center of the AI hype. According to a previous report by the Financial Times, the total investment by large tech companies, the so-called hyperscalers, is expected to be around 660 billion US dollars this year.
(nie)
