{"id":1017437,"date":"2026-06-29T09:11:42","date_gmt":"2026-06-29T03:41:42","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1017437"},"modified":"2026-06-29T09:29:06","modified_gmt":"2026-06-29T03:59:06","slug":"jefferies-warns-ai-malinvestment-not-chip-supply-will-end-current-tech-cycle-as-chinas-glm-5-2-pressures-us-ai-leaders","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/06\/29\/jefferies-warns-ai-malinvestment-not-chip-supply-will-end-current-tech-cycle-as-chinas-glm-5-2-pressures-us-ai-leaders\/","title":{"rendered":"Jefferies warns AI malinvestment, not chip supply, will end current tech cycle as China&#8217;s GLM-5.2 pressures US AI leaders"},"content":{"rendered":"<p>New Delhi [India], June 27 (ANI): The biggest risk to the AI-driven tech rally is not a sudden jump in semiconductor supply but a &#8220;sudden realisation by investors that the hyperscalers and the likes of OpenAI and Anthropic will not be able to make a return on their investment,&#8221; according to latest research report by Jefferies. <\/p>\n<p>The brokerage argued that &#8220;for now at least, there remains zero sign of AI capex slowing,&#8221; yet warns that funding concerns could &#8220;trigger a sudden unwillingness to fund these investments which will then be aggravated by the circular arrangements between the main players, such as Nvidia financing OpenAI to buy its chips.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi [India], June 27 (ANI): The biggest risk to the AI-driven tech rally is not a sudden jump in semiconductor supply but a &#8220;sudden realisation by investors that the hyperscalers and the likes of OpenAI and Anthropic will not be able to make a return on their investment,&#8221; according to latest research report by Jefferies. The brokerage argued that &#8220;for now at least, there remains zero sign of AI capex slowing,&#8221; yet warns that funding concerns could &#8220;trigger a sudden unwillingness to fund these investments which will then be aggravated by the circular arrangements between the main players, such [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[91,4,24],"tags":[],"class_list":["post-1017437","post","type-post","status-publish","format-standard","hentry","category-it-2-the-tribune","category-newspapers","category-the-tribune"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1017437"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017437\/revisions"}],"predecessor-version":[{"id":1017466,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1017437\/revisions\/1017466"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1017437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1017437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1017437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}