CoinDesk·3 min read·medium
AI trade loses steam as infrastructure boom faces reality check
J
James Van Straten
✦AI Summary
Investor enthusiasm for the AI sector is cooling as concerns grow over the sustainability of massive infrastructure spending and high valuations. Market analysts are observing a potential rotation of capital back into digital assets as the 'AI trade' faces a reality check regarding chip demand and hardware efficiency.
Meanwhile, rival SK Hynix is down 25% from its all-time high ahead of its U.S. listing this week, a deal that is also drawing investor capital away from existing chip stocks.
technologybusinesseconomycrypto
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