Mag 7 value shrinks by $2.3 trillion amid AI spending jitters — but investors are still backing chipmakers

Investors are growing jittery about massive AI spending by the Mag 7 and when these companies will produce a return on that investment.

Source: [CNBC](https://www.cnbc.com/2026/06/30/magnificent-7-stocks-sell-off-investors-grow-jittery-on-ai-spending.html)