$TRUMP
$XAU Asian AI stocks retreat as financing cost concerns mount
Asian AI hardware stocks are facing mounting pressure, as a sell-off in U.S. technology stocks raises concerns that higher borrowing costs could undermine spending on AI infrastructure worldwide, according to Bloomberg analysts.
Goldman Sachs Group Inc.’s basket of Asian AI hardware stocks fell 11% last week, its biggest weekly drop since mid-July, as investors reassessed valuations across the semiconductor supply chain.
$XAU Asian AI stocks retreat as financing cost concerns mount
Asian AI hardware stocks are facing mounting pressure, as a sell-off in U.S. technology stocks raises concerns that higher borrowing costs could undermine spending on AI infrastructure worldwide, according to Bloomberg analysts.
Goldman Sachs Group Inc.’s basket of Asian AI hardware stocks fell 11% last week, its biggest weekly drop since mid-July, as investors reassessed valuations across the semiconductor supply chain.