EventBusinessOctober 20, 2026

Elice shares plunge 33% in debut, reviving doubts over AI spending boom

Read original source →bloomberg.com

South Korean data-center firm Elice fell 33% in its trading debut, underscoring concerns over whether the AI boom justifies the billions being poured into the industry. CEO says the company is on track to at least double revenue this year after shares rebounded.

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1 day · 6 reports · from Oct 20

  1. Oct 20
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