The construction of artificial intelligence infrastructure promotes corporate bond financing, and the issuance scale in September may reach 200 billion US dollars

Microsoft, Google, Amazon Meta、 Oracle and other tech giants have increased their bond financing efforts, and the annual issuance scale of US investment grade corporate bonds is expected to reach $2.1 trillion. The market expects the issuance scale of corporate bonds to reach $200 billion after Labor Day in September, and investors are concerned that the expansion of AI debt will affect the allocation of funds in the fixed income market. Andrzej Skiba, Head of Fixed Income at RBC Global Asset Management, stated that the supply of AI related bonds is approaching the limit where it will not disrupt the market. Analysts point out that if AI revenue growth cannot cover data center and chip procurement investments, some capital expenditures face the risk of insufficient returns.