Cramer says rising rates split markets, with AI stocks insulated from borrowing costs
Overview
CNBC's Jim Cramer says rising borrowing costs are dividing the stock market, with AI-linked businesses largely insulated while rate-sensitive sectors face pressure.
He cites data center builders, semiconductor firms, power providers and cybersecurity companies as far less constrained, arguing that lenders remain eager to finance AI growth. This is Cramer's assessment, and the report does not independently verify that lenders' appetite will hold. The backdrop he describes includes a $39 billion 10-year Treasury auction that drew strong demand, even as the 10-year yield briefly hit 5.365%, its highest since April 2002.
Written by AI from the articles below · updated Oct 8, 8:48 PM ET
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- CNBC · TechnologyCramer says rising rates split markets, with AI stocks insulated from borrowing costs
AICNBC's Jim Cramer said rising borrowing costs are dividing the stock market, with AI businesses largely insulated while rate-sensitive sectors face pressure. He cited data center builders, semiconductor firms, power providers and cybersecurity companies as far less constrained, since lenders remain eager to finance AI growth. Wednesday's $39 billion 10-year Treasury auction drew strong demand, though the 10-year yield briefly hit 5.365%, its highest since April 2002.
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