Turmoil hits AI buildout as neoclouds face pressure, credit risks mount and Solidigm pulls IPO
CNBC
Read the full article
Neocloud companies like CoreWeave and Nebius have faced sharp stock declines and rising credit risk amid growing investor concerns about AI infrastructure profitability. Meta reported negative cash flow, and SK Hynix's Solidigm canceled its IPO, signaling stress in the AI buildout sector. Despite this, Nvidia's CEO remains optimistic about strong demand for neocloud services.
- Nebius borrows $3.5bn from Citi as it says AI compute prices keep rising· The Next Web
- Investors are questioning neoclouds' business model but Nebius says AI computing prices are rising· CNBC
- Nearly 50% Of 2026 Data Center Bonds Are Junk Bonds. Here’s Why.· Forbes
- Premium: The Hater's Guide To Junk· Where's Your Ed At
