投资者对大型科技公司人工智能支出的担忧蔓延至债券市场

依赖少数⼈⼯智能公司的⼤额承诺来为其增⻓提供资⾦，存在重⼤⻛险。Smaller companies at the heart of the AIboom have also been hit.⼈⼯智能热潮核⼼的⼩公司也受到了Data centre operator CoreWeave’s stock hasfallen more than 20 per cent over the past twoweeks, alongside the drop in bigger names.On Tuesday, the company’s shares were downa further 16 per cent after it lowered itsforecast for annual revenue as a result ofexpected data centre delays.数据中⼼运营商CoreWeave的股价在过去两周下跌了20%以上，与⼤公司的跌幅⼀致。周⼆，该公司股价在下调年度营收预测后⼜下跌了16%，原因是预计数据中⼼将延迟交The cost to protect against a default on Some analysts argue that the decline inhyperscalers’ bonds in the wake of such largeissuance is healthy. “As long as we are stillpricing incremental risk, it’s a good sign. Thething I worry about is a rally on more supplyrather than a sell-off,” said George Pearkes, amacro strategist at Bespoke Investment