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[Asian chip stocks fell as worries about AI financing for large technology companies intensified] October 30th: The key financial reporting season that determines the outlook for AI transactions was mediocre, causing the stock prices of global chip manufacturers to fall, and investors became increasingly worried about soaring costs and the sustainability of demand. The latest triggers include Amazon's massive capital spending numbers and Intel issuing a lower-than-expected sales forecast due to weak demand for PC processors. This further exacerbates investor concerns about the high cost of financing the AI boom and whether these huge investments can pay off. Asian chip manufacturers generally fell. Among them, South Korea's SK Hynix and Japan's Advantest fell the most, both exceeding 6%. South Korea's Kospi index fell 4.3% at one point. "This earnings season has been difficult for artificial intelligence companies, and most companies have been hit by the double blow of the artificial intelligence bubble and inflation concerns," said Anna Wu, founder and investment strategist of Floodlines Research. “Higher financing costs and credit risks may ultimately force hyperscale data center operators to slow their expansion.”
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