AI 基础设施重资本开支的真正风险：信用利差走阔推高融资成本并拖累估值
It is not about whether companies spending heavily on AI infrastructure put themselves out of business, but how wider credit spreads raise their cost ...
AI 导读
大举投入 AI 基础设施的公司，问题不在于是否会把自身拖垮，而在于信用利差走阔会抬高其资本成本并压制股权估值。作者对此观点表示强烈认同。
来源：@MichaelMOTTCM · x.com