AMD CEO Lisa Su Calls This Market Moment ‘Short-Sighted’ on AI Spending
AMD CEO Lisa Su dismissed AI spending fears, calling markets short-sighted and reaffirming long-term demand despite the chip sector’s selloff.
Economy · News reference
Shares of AI cloud services companies are trading lower amid persistent concerns over the debt levels needed to sustain the AI cloud compute buildout. Also, U.S. inflation and producer price data this week support expectations for more Fed rate hikes, further straining high-yield credit markets.
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