AI 'Picks and Shovels' Trade Unravels as Data Center-Linked Stocks Lead Sell-Off: FT

bigdata · x · 2026-11-16

An FT analysis finds that companies most frequently linked in media coverage to data center construction have been hit hardest by the recent sell-off, as investor confidence in the AI boom wobbles and the 'picks and shovels' trade unravels.

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