AI Stocks Stumble as Korean Data Center Flop Raises Doubts
📡 Bloomberg Markets · 1 min read ·
Part of composite article AI Bloodbath Wipes $200 Billion Off Asian Tech as Samsung and SK Hynix Plunge 7-10% View full article →
A rebound in AI-related stocks lost momentum after a South Korean data center company's weak market debut renewed fears about whether the technology's spending boom can last. The disappointing listing revived concerns that heavy investment in artificial intelligence may not deliver returns. US stocks wavered while bonds gained as the AI trade faltered.