Elice’s 33% Debut Plunge Rekindles Doubts Over AI Spending Boom

Shares of data-center infrastructure company Elice Inc. plunged in their trading debut, underscoring lingering concerns about whether the artificial intelligence boom can justify the billions of dollars being poured into the industry.

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2026-10-20 00:13 · Bloomberg AI
Elice’s 33% Debut Plunge Rekindles Doubts Over AI Spending Boom

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