WS #15805
The AI trade is cracking as the IMF explicitly flags growth and financial stability risks from a potential end to the AI investment boom. This macro warning has triggered a broad selloff in datacenter and AI infrastructure names like CoreWeave, while OpenAI's revenue growth concerns weigh on the sector. Although Google launched its flagship Gemini 4 Argon model and Meta strengthened its enterprise AI case with Muse models, the market is discounting these product wins in favor of caution regarding the sustainability of the AI capex cycle.
AI Infrastructure Selloff
The AI trade is cracking as the IMF explicitly flags growth and financial stability risks from a potential end to the AI investment boom. This macro warning has triggered a broad selloff in datacenter and AI infrastructure names like CoreWeave, while OpenAI's revenue growth concerns weigh on the sector. Although Google launched its flagship Gemini 4 Argon model and Meta strengthened its enterprise AI case with Muse models, the market is discounting these product wins in favor of caution regarding the sustainability of the AI capex cycle.