The cost of debt default insurance for several US tech giants hit new highs on Friday, and the disappointing quarterly results of Intel and Amazon heightened market concerns about whether the AI financing boom will eventually pay off. According to ICE Data Services data, the default protection cost of Intel's five-year bonds once soared 22.4 basis points in early trading on Friday to 127.9 basis points per year, a record single-day increase and absolute average. Broadcom's default protection costs also hit a new high, while AMD rose to the highest level since early 2019. Amazon's indicator also hit a record high, once rising 6.9 basis points to 94 basis points per year. The company's previously announced capital expenditure was higher than expected, and the growth rate of the core e-commerce business was the slowest in three years. Risk indicators for other hyperscale cloud service providers such as Microsoft, Alphabet, and SpaceX set a record in early Friday trading.

The cost of debt default insurance for several US tech giants hit new highs on Friday, and the disappointing quarterly results of Intel and Amazon heightened market concerns about whether the AI financing boom will eventually pay off. According to ICE Data Services data, the default protection cost of Intel's five-year bonds once soared 22.4 basis points in early trading on Friday to 127.9 basis points per year, a record single-day increase and absolute average. Broadcom's default protection costs also hit a new high, while AMD rose to the highest level since early 2019. Amazon's indicator also hit a record high, once rising 6.9 basis points to 94 basis points per year. The company's previously announced capital expenditure was higher than expected, and the growth rate of the core e-commerce business was the slowest in three years. Risk indicators for other hyperscale cloud service providers such as Microsoft, Alphabet, and SpaceX set a record in early Friday trading.