CICC Wealth Futures: The U.S. stock market is also experiencing a situation where non-AI assets are seeing capital flow to AI assets, and gold is among the affected parties.

Glonghui, June 26 — According to CICC Wealth Futures, although oil prices are moving downward, a new wave of inflation driven by a frenzy of AI investment may be taking shape. Both Apple and Microsoft announced price increases on the same day, which may not be a coincidence. The costs of the AI arms race are starting to be passed on to ordinary consumers, quietly forming a data center-driven round of inflation. Currently, the gold market is unable to eliminate the impact of inflationary pressure; in addition, as the market value of US tech stocks soars and massive IPOs siphon off liquidity, the US capital market is witnessing a situation where non-AI assets are being drained by the funds flocking into AI assets, with gold also among the victims.