AICNBC Techabout 6 hours ago
AI buildout ties tech giants to bond market
1 min read
Megacap tech companies are depleting cash reserves and taking on debt to fund AI data center buildouts, making them newly sensitive to interest rates. Amazon, Alphabet, Microsoft, and Meta are projected to spend $750 billion this year, up 80% from 2025. A potential Fed rate hike in 2026 could raise borrowing costs for these firms.
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