Murad: GIGA market cap may rise to billions of dollars
On 28 November, Meme Coin KOL Murad said in a social media post, ‘GIGA's market cap will soon rise to billions of dollars. One of the most powerful ‘CULTs’ of this cycle.’
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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As AI giants are aggressively spending money to expand, the credit market has sounded the alarm. The CDS spreads of chip manufacturers such as Broadcom and Nvidia have surged by over 170% in the past six months. Although ten core AI companies, including Google and Amazon, account for only 8% of the investment-grade index constituents, they bear 16% of the implied credit risk. Chip manufacturers are transforming from technology companies into "concentrated lending institutions," with CDS trading volume increasing by more than 1900% year-over-year.
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