XSD is trading at $578.99 (-2.30%) amid growing skepticism over the sustainability of massive AI capital expenditures and debt-fueled hyperscaler spending.
- The Bank for International Settlements (BIS) warned that the $1 trillion global AI buildout could trigger a prolonged investment bust if returns fail to materialize.
- Pre-market weakness reflects broader tech sentiment softening due to NVDA-related pricing pressure and mixed risk appetite across the semiconductor sector.
- Investors are increasingly cautious regarding the long-term viability of current spending levels in the face of rising debt concerns.