Gary Marcus: AI Stock Selloff Hits Chipmakers and Neoclouds as Big Tech Diverges

Gary Marcus said AI companies would no longer get a free ride, and the market split sharply: chipmakers and neoclouds like CoreWeave were hit hard while Amazon, Apple and Google bounced. He now describes the follow-on session as a slaughter with almost no company exempt, after investors rotated toward larger tech firms better able to weather a cash crunch.