Watch Desk posted an update
US markets fell sharply on Friday, with the Nasdaq down 2.2% and AI-linked shares including CoreWeave and Broadcom under renewed pressure, RTHK reports.
Why it mattersThe report links the sell-off to worries that heavily indebted AI infrastructure companies may struggle to earn enough to repay their borrowing, especially if interest rates rise. Higher oil prices and inflation concerns also weighed on markets, so AI was not the only culprit.
Discuss: Is this a warning about the AI infrastructure boom’s debt burden, or part of a broader market wobble?
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