Nomura Says AI Boom May Mask Rising Risks in the U.S. Economy

According to Jin10, Nomura said the large-scale development of artificial intelligence has become an important engine of U.S. economic growth, but it is also putting pressure on the U.S. economy in several ways. The report said that if AI development is hit, it could expose the rising risk premium in the United States, and that risks from the AI boom include higher chip and electricity prices pushing up inflation, a surge in chip and technology equipment imports widening the trade deficit, and large cloud computing companies issuing substantial amounts of bonds that push up U.S. Treasury yields.