AI Trade Faces a Reality Check as Investors Reprice Growth, Spending, and Fed Risk
Global equity markets are showing signs of fatigue in the artificial intelligence trade as investors reassess whether soaring capital expenditure and lofty valuations can keep outrunning slower earnings visibility. The pressure is rippling through semiconductor names, Nasdaq futures, and broader tech sentiment as doubts intensify over AI spending discipline and the path of U.S. interest rates.
