The Nasdaq may lose $2 trillion in market value this month as AI investment returns cause concern for investors.

The Nasdaq 100 index may lose over $2 trillion in market value in October, as investors' concerns about AI investment returns deepen. Tech giants are rushing to expand their AI infrastructure and are raising spending expectations, with Meta, Alphabet, and Amazon planning massive funding, causing market unease. JPMorgan estimates that global AI infrastructure capital spending will exceed $1 trillion next year and reach $5.5 trillion by 2030.