**[Analysis: AI Investment Boom Cools Down, Market Reassesses Sustainability of Chip and Data Center Spending]** Odaily Planet Daily reports that the investment boom in AI infrastructure is cooling down, with the market beginning to reassess the sustainability of spending on chips and data centers. As investors reevaluate whether investments in AI infrastructure can be sustained, the "AI trade," encompassing the semiconductor, memory chip, and data center supply chains, is showing signs of cooling. Recently, AI-related chip stocks such as Micron Technology (MU) and SanDisk (SNDK) have come under pressure. Earlier, Samsung Electronics announced record-breaking second-quarter earnings, but its revenue fell short of market expectations, causing its stock price to drop nearly 7%, which in turn weakened the entire AI chip sector. The market is concerned that as cloud computing giants (Hyperscalers) may slow down their investments in AI infrastructure, the current AI boom cycle driven by GPUs, high-bandwidth memory (HBM), and data center construction could face a repricing. Meanwhile, South Korean memory chip giant SK hynix has seen its stock price drop about 25% from its historical high ahead of its U.S. listing, with its IPO also attracting some funds away from existing chip stocks. Analysts point out that after SpaceX's major IPO boosted valuations of AI-related assets, investors are now reassessing the growth logic for the next phase of the AI market. If the enthusiasm for AI investments continues to decline, some funds may flow out of the AI supply chain and into other risk assets, including crypto assets. (CoinDesk)