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MAIA: Credit Spreads Widen Amid AI Concerns and Tech Bond Discounts

The segment discusses the recent modest widening of credit spreads, driven by both AI-related market fears and a surge in debt issuance. While the overall index shows little change, there is significant dispersion, particularly in leveraged loans and among certain software, insurance, and asset management firms experiencing notable price declines. For the first time since…

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The Great AI Chip Gambit: Microsoft Bets on a Multi-Vendor Future

Introduction In a high-stakes declaration from the heart of Silicon Valley, Microsoft CEO Satya Nadella has unveiled a bold, counterintuitive strategy for the AI arms race. While the tech giant proudly launched its first custom AI processors, designed to challenge rivals Amazon and Google, Nadella simultaneously pledged to double down on purchasing chips from industry…

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