AI trade reversal pierces Asia’s star picks-and-shovels stocks
· thehindubusinessline.com
The pressure intensified last week as oil surged to $110 a barrel for the first time since May, stoking inflation concerns, and investors turned their attention to the trillions of dollars being borrowed to build AI infrastructure
A deepening selloff in US technology stocks is exposing a new vulnerability in Asia’s artificial intelligence trade: mounting financing costs could choke off ...