Tag: firms slump

  • AI infrastructure firms slump as US rate hike bets rise

    AI infrastructure firms slump as US rate hike bets rise

    Oct 14 : Shares of debt-heavy AI firms tumbled on Wednesday as prospects of higher interest rates intensified concerns over the financing of the industry’s massive buildout.Companies whose shares had rallied earlier this year on AI optimism were some of the worst performers on the main benchmarks.Here

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