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Tom’s Hardware
Tom’s Hardware
Technology
Jon Martindale

Wall Street warns of rising AI debt risk as stocks slide on wobbly investor confidence — analysts warn of 'systemic risk' as Nvidia share price creaks

Wallstreet broker looking at a tablet.

The honeymoon period for the explosive growth of the AI industry may be drawing to a close, as some of the world's top financial institutions are growing increasingly worried about the sheer quantity of debt being taken on by top tech and AI firms to build out the infrastructure they all claim is so necessary, as Bloomberg reports. Although the top firms continue to perform well, recent wobbles in stock pricing suggest confidence is waning and the risk of a larger collapse grows ever greater.

The multiple hundred-billion-dollar deals struck between AI and technology firms in 2025 have raised eyebrows every time the news breaks, but so far, there's only been an upside for the companies involved. OpenAI, Nvidia, Microsoft, Anthropic, and others have all seen their share prices skyrocket in the wake of their interlocking deals, making many of these companies feel like they're buoying each other while they all hunt for the elusive AI profit that has yet to materialize.

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