US tech giants launch bond issuance boom

Recently, the US tech giants suddenly launched a debt issuance boom. The issuance volume of Amazon, Google parent company Alphabet, Meta, and Oracle has approached 90 billion US dollars. According to foreign media statistics, US companies have issued more than 200 billion US dollars of corporate bonds this year to finance artificial intelligence-related infrastructure projects. This has raised questions about whether the market can digest such a huge supply, and has also exacerbated people's growing concerns about AI-related spending. The above concerns have also "airstrikes" on the US stock market, triggering a sharp correction in US stocks since the beginning of November. Data show that since November, the Nasdaq index dominated by technology stocks has fallen by more than 6%, while the S & P 500 index and the Dow index have fallen by 3.47% and 2.77% respectively. In addition, the US technology giant seven index fell 5.73%, the Philadelphia semiconductor index fell more than 11%. In terms of individual stocks, in a single week on November 14 alone, AMD (AMD) fell more than 17%, Micron Technology fell nearly 16%, Microsoft fell more than 7%, Qualcomm fell more than 6%, and Amazon and NVIDIA fell nearly 6%. (Brokerage China)