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Blackstone Bullish on AI Infrastructure Despite Chip Sector Pullback

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The Story

News Summary

  • Blackstone COO Jon Gray says AI infrastructure demand still outpaces supply, dismissing oversupply fears.
  • However, Meta/SpaceX renting excess compute capacity and a 16% semiconductor index pullback signal possible near-term AI infrastructure cooling.
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META price history

648.03 +5.98% over the displayed period

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