Tariff Uncertainty, AI Unease Rattle Tech Shares | Bloomberg Tech 2/23/2026

Tariff uncertainty is destabilizing global tech markets, with investors bracing for potential trade restrictions that could disrupt supply chains and inflate hardware costs, particularly for semiconductor-dependent sectors. Nvidia and Salesforce earnings reports this week highlight AI-driven volatility, as rapid advancements in generative models and enterprise adoption spark both optimism and concerns over market saturation. Bitcoin dipped below $65,000 twice this month, reflecting broader risk aversion amid macroeconomic pressures, though analysts debate whether the decline signals a correction or deeper crypto winter. Tech shares face dual headwinds: regulatory ambiguity over AI governance and geopolitical trade tensions, amplifying investor caution ahead of high-stakes earnings calls from industry leaders. Analysts warn prolonged tariff disputes could stall quantum computing and AI infrastructure growth, as cross-border collaboration and chip imports become increasingly vulnerable to policy shifts.