AI infrastructure stocks fell as investors reassessed borrowing costs after a hotter-than-expected US inflation report.
Reuters reported sharp declines in CoreWeave, Nebius, Oracle and Dell on Wednesday. The sell-off put financing risk back in focus for capital-intensive data-centre expansion.
Rising long-term yields added pressure to companies whose spending depends on access to debt. The market reaction is not evidence that underlying demand for AI services has disappeared.
This is an original summary, not a republication of the full report.
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