Finding the AI Winners and Losers in the Tech Selloff

The article discusses the impact of the recent tech selloff on companies investing in artificial intelligence (AI) technology. According to Priya Misra, a portfolio manager at JPMorgan, the markets are currently in a "show me" state when it comes to AI capital expenditure (capex). The article suggests that investors are closely scrutinizing the financial performance and growth prospects of companies that have made significant investments in AI. Firms that can demonstrate tangible results and a clear path to profitability from their AI initiatives are likely to be viewed more favorably by the market. The article does not provide specific details on which companies are considered "winners" or "losers" in this AI-focused tech selloff. Instead, it highlights the general sentiment among investors, who are now seeking concrete evidence of the value and financial impact of AI investments, rather than just the promise of future potential.