It may no longer be accurate to say that when Intel sneezes Ireland catches a cold, but our fortunes remain entwined. The focus on Intel’s problems has hidden deeper problems related to the growth of AI for Ireland’s tech sector. The Wall Street Journal wrote last weekend about how the US stock market has fallen out of love with software companies. It is true that large software businesses here are exposed to the downside of AI. If jobs are any guide, then very little of the billions being pumped into AI is coming Ireland’s way.

Source: The Irish Times January 28, 2026 13:44 UTC