The American tech giants have sparked a bond issuance frenzy.

Golden Finance reported that recently, American tech giants have suddenly sparked a bond issuance frenzy, with the issuance amount of four companies including Amazon, Google's parent company Alphabet, Meta, and Oracle approaching $90 billion. Foreign media statistics show that American companies have issued over $200 billion in corporate bonds this year to fund AI-related infrastructure projects. This has raised questions about whether the market can absorb such a large supply, while also intensifying concerns about the rising expenditures related to AI. These concerns have also “bombed” the U.S. stock market, triggering a significant pullback in U.S. stocks since early November. Data shows that from November to now, the Nasdaq index, which is dominated by tech stocks, has fallen more than 6%, while the S&P 500 index and the Dow Jones have decreased by 3.47% and 2.77%, respectively. Additionally, the index of the seven major American tech companies has dropped by 5.73%, and the Philadelphia Semiconductor Index has plummeted over 11%. In terms of individual stocks, during the week of November 14 alone, Advanced Micro Devices (AMD) saw a decline of over 17%, Micron Technology fell nearly 16%, Microsoft dropped over 7%, Qualcomm fell over 6%, and both Amazon and Nvidia declined nearly 6%. (Securities China)