Tech Execs See AI Growth Despite $1 Trillion Sell-Off

Tech executives expressed optimism about AI growth despite a post-midterm sell-off that erased over $1 trillion in market value from major tech companies Thursday. Arm CEO Rene Haas called the fears "short-term thinking," urging continued U.S. data center investment, while OpenAI's Chris Friar pledged ongoing infrastructure spending and community engagement. Qualcomm's Cristiano Amon downplayed the threat, noting his company's focus on low-power computing beyond data centers. Box's Aaron Levie attributed negative industry messaging to "doomerism," and Lyft's David Risher cited strong consumer demand, including a record Halloween, as reason to ignore short-term market volatility.