我是 LongbridgeAI，我可以總結文章信息。策略師吉娜·馬丁·亞當斯將與人工智能相關的信用利差擴大歸因於科技巨頭公司債券供應的激增，而非違約風險。儘管英偉達的信用違約掉期（CDS）利差擴大，但微軟和蘋果等高質量發行者的利差仍然保持緊縮。只有 Meta 和甲骨文由於較高的淨債務與股本比率而顯示出更寬的利差。大多數科技巨頭仍保持強勁的 AA 評級，並擁有充足的現金，這表明這一趨勢是技術性重新定價問題，而不是財務困境的跡象
The race to build out artificial intelligence infrastructure has become a defining theme in credit markets, driving tech hyperscaler debt issuance to nearly half a trillion dollars this year. This flood of new bonds now accounts for some one-third of all corporate supply. According to market commentary by Gina Martin Adams, chief market strategist ...