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[Panic over AI financing boom reaches new highs, Intel, Amazon and other bond default protection costs soar] October 31 (Xinhua) -- The cost of debt default insurance for many U.S. technology giants hit a new high on Friday. The disappointing quarterly results of Intel and Amazon heightened market concerns about whether the AI ​​financing boom will ultimately pay off. According to data from ICE Data Services, the cost of default protection for Intel's five-year bonds soared by 22.4 basis points in early trading on Friday to 127.9 basis points per year, setting records for both the single-day increase and the absolute level. Broadcom's default protection costs also hit a new high, while AMD rose to their highest since early 2019. Amazon's metric also hit a record high, rising 6.9 basis points to 94 basis points annually. The company had previously announced higher-than-expected capital expenditures and the slowest growth in its core e-commerce business in three years. Risk indicators for other hyperscale cloud providers such as Microsoft, Alphabet and SpaceX hit records early Friday.
U.S. stock trends 🕐 2026-10-31 00:10

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