The price increase of the technology company CDS has raised market concerns

The credit default swap (CDS) market shows that the CDS prices of technology companies such as Microsoft, Nvidia, Meta, and Amazon have surged significantly since the fall of 2025, with some even doubling.

This indicates that investors are questioning whether the artificial intelligence boom can generate sufficient returns to support large-scale debt investments. The market is concerned that technology companies may face excessive debt burdens, similar to the situation before the 2008 financial crisis.