芯片制造商股票遭遇惨烈抛售，因为投资者担心利率上升可能会终结一场比美国历史铁路繁荣更大的人工智能支出热潮。
Chipmaker shares suffered a brutal sell-off as investors fear rising interest rates could derail an artificial intelligence spending spree bigger than the US' historic railroad boom.
芯片制造商股票经历了惨烈的抛售，因为投资者对利率上升日益焦虑。市场现在正在争论这一下跌是否意味着由人工智能推动的反弹正在失去动力。
Shares of chipmakers endured a brutal sell-off as investors grew increasingly anxious about rising interest rates. Markets are now debating whether the decline signals that the artificial intelligence-driven rally is losing momentum.
分析人士指出，企业在AI基础设施上的支出已经达到甚至超过美国历史铁路建设热潮的规模。他们认为，利率上升可能使这一巨大的支出浪潮在财务上不可持续。
Analysts note that corporate spending on AI infrastructure has reached a scale even larger than the United States' historic railroad construction boom. A potential rise in interest rates, they argue, could make this massive wave of spending financially unsustainable.
投资者正密切关注芯片股的动荡是否会蔓延到更广泛的科技市场。主要公司即将发布的季度业绩可能会提供更清晰的信号，以判断AI支出的可持续性。
Investors are closely watching whether the turbulence in chip stocks spreads to the broader technology market. Upcoming quarterly results from major companies could offer clearer signals about the sustainability of AI spending.