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AI infrastructure sell-off erases $4.2T from industrial, energy stocks

Published by Seeking Alpha · United States 1 h ago
Milan_Jovic/E+ via Getty Images
Milan_Jovic/E+ via Getty Images · Seeking Alpha

Detailed summary

Manufacturers, utilities and miners have lost $4.2 trillion in market value since June as AI infrastructure enthusiasm fades; Caterpillar fell 44%.

Global manufacturers, utilities and miners have lost $4.2 trillion in market value since June as enthusiasm for AI infrastructure suppliers fades, the Financial Times reported. Its analysis found that companies most closely associated with data center construction suffered the steepest declines.

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