Earlier this month, artificial intelligence (AI) stocks experienced a sudden sell-off. The tech-heavy Nasdaq-100 declined by about 6. 5% between Oct. 6 and Oct. 16. Some of the biggest share price declines were among semiconductor stocks and other companies involved with supplying the build-out of AI data centers worldwide. Tech stocks have recovered slightly over the past few days since Oct. 16, but many investors remain nervous about the AI trade. What if AI companies are borrowing too much money? Will major AI hyperscalers keep spending hundreds of billions of dollars on AI capital expenditures?
POLARIS INSIGHTS