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Turmoil hits AI buildout as neoclouds face pressure, credit risks mount and Solidigm pulls IPO

Source: cnbc.com

Artificial IntelligenceCredit & Bond MarketsDerivatives & VolatilityInvestor Sentiment & Positioning
Turmoil hits AI buildout as neoclouds face pressure, credit risks mount and Solidigm pulls IPO

Concerns over the AI trade dragged the Nasdaq lower this week, while neocloud stocks posted some of the steepest losses. Credit markets are roiling, with Meta, Oracle and Nvidia facing the largest-ever spreads on credit default swaps linked to their corporate bonds.

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