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BusinessTechnology141 words1 min read

Tech Stocks Fall Amid AI Slowdown Fears

stock market candlestick chart on dark screen
Photo by Maxim Hopman on Unsplash
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Listen to the story

Big tech company shares went down this week.

This happened after the US midterms.

US midterms are important elections.

They happen in the middle of a president's time in office.

People now think the government may make new rules.

These rules could be about data centres.

A data centre is a big building full of computers.

Data centres help run AI systems.

AI means artificial intelligence.

It is computer technology that can think and learn.

Investors are worried about an AI slowdown.

This means AI growth could become slower.

The stock market reacted fast to this news.

A stock market is a place where people buy and sell shares.

Many tech companies saw their share prices fall.

A share price is the cost of a small part of a company.

Experts are watching to see what happens next.

Vocabulary15 words

US midterms
important US elections held in the middle of a president's term
data centres
big buildings full of computers
AI
computer technology that can think and learn
AI slowdown
when AI growth becomes slower
stock market
a place where people buy and sell shares
share prices
the cost of a small part of a company
scrutiny
careful checking
investors
people who put money into companies
tech industry
companies that make computer and internet products
plunge
to fall very fast
government
the group of people who run a country
rules
laws that say what you can and cannot do
elections
when people vote to choose leaders
concerns
worries
construction
building something

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Quiz

1. What fell this week?
2. What happened before the shares fell?
3. True or False: People are worried the government may make new rules for AI.

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Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

Big tech company shares went down this _____.

This happened after the US _____.

US midterms are important _____.

People now think the _____ may make new rules.

These rules could be about data _____.

A data centre is a big building full of _____.

Data centres help run _____ systems.

Investors are worried about an AI _____.

The stock _____ reacted fast to this news.

Many tech companies saw their share _____ fall.

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