Keyword → AI infrastructure

Nasdaq Extends Losing Streak as AI Chip Selloff Deepens on Return From Holiday

U.S. equities slumped Tuesday as traders returned from the Presidents' Day holiday to a continuation of the technology-sector rout, with a key gauge of chipmakers including Nvidia and Broadcom falling 1.2%. The Nasdaq Composite extended its longest weekly slide since 2022, pushing both the S&P 500 and the tech-heavy index into negative territory for 2026 amid intensifying anxiety over the sustainability of artificial intelligence infrastructure spending.

Cisco Stock Plunges 11% Despite Earnings Beat as Margin Concerns Overshadow AI Infrastructure Gains

Cisco Systems reported better-than-expected second quarter fiscal 2026 results with revenue of $15.35 billion and adjusted EPS of $1.04, but shares tumbled 11% in Thursday trading as the company's profit margin guidance disappointed investors. Rising memory chip costs and tepid forward projections overshadowed robust AI infrastructure order growth of $2.1 billion.

Technology Giants Navigate AI Investment Surge Amid Rising Debt Concerns

Major technology companies are embarking on unprecedented capital spending programs to build AI infrastructure, with Morgan Stanley estimating hyperscalers will raise approximately $400 billion in corporate bonds in 2026. Oracle's elevated debt levels have emerged as a particular concern, while most big tech firms maintain solid balance sheets despite aggressive AI investments.