How AI Spending Is Changing Investment-Grade Corporate Bonds
The post How AI Spending Is Changing Investment-Grade Corporate Bonds appeared on BitcoinEthereumNews.com. For investors seeking diversification, the challenge may be figuring out which companies are quietly benefiting from the AI spending boom. (Photo by Joan Cros/NurPhoto via Getty Images) NurPhoto via Getty Images AI stocks stumbled around the world Tuesday. South Korea’s Kospi Index fell nearly 5% after memory chip giant Samsung Electronics dropped almost 7%, as concerns about future AI spending and demand overshadowed an 1,800% year-over-year jump in quarterly profit. The selling spread to the U.S., where the Nasdaq-100 fell about 2% and AI favorites including Micron, Broadcom, AMD and Marvell Technology also declined. The concerns echo comments made last week by DoubleLine Deputy Chief Investment Officer Jeffrey Sherman. “We’re in a ‘no capex is too much’ kind of market when it comes to AI right now,” Sherman told Barron’s. Goldman Sachs estimates hyperscalers including Microsoft