00:00Samsung Electronics and SK Hynix tumbled more than 6% in pre-market trading.
00:05But China's CXMT closing the tech gap doesn't fully explain the sell-off.
00:11Hotter-than-expected U.S. inflation added pressure on interest rates.
00:15And as AI data center operator CoreWeave's bond yields neared 15%,
00:20worry spread over whether the money poured into AI infrastructure can ever be recouped.
00:25Gartner projects AI infrastructure spending will reach $7 trillion from 2026 to 2030,
00:33while related revenue may stall at around $3.6 trillion.
00:37In other words, AI demand hasn't disappeared.
00:41The market is starting to ask whether profits can keep pace as data centers multiply.
00:46So today, alongside TSMC's earnings, the key question is whether chip stocks can hold above their previous lows.
