为 AI 梦想买单!美国科技巨头疯狂发债,泡沫担忧升温之际杠杆风险再添柴

智通财经网
Nov 21, 2025

随着对人工智能泡沫的担忧升温,华尔街对科技巨头为构建 AI 基础设施而承担高额债务的担忧正日益加剧。尽管大型科技公司在 AI 上的巨额支出并非新鲜事,但为此筹集创纪录的债务却是新的情况。更令投资者担忧的是,这一趋势打破了近年来的惯例 —— 过去科技公司动用手头庞大的现金储备来支付资本支出。而如今,杠杆的使用以及许多融资交易的循环性质,引入了此前未曾有过的风险。科技巨头发债狂潮加剧市场担忧 甲骨文 ...

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