AI hyperscalers hold less net debt than broader S&P 500

Nasdaq data highlighted by Daily Chartbook shows the largest U.S. AI-infrastructure companies carry materially lower net debt than the broader S&P 500, even as they increase capital spending on AI infrastructure. That stronger balance-sheet profile suggests hyperscalers can fund aggressive AI investment without adding leverage, reducing downside risk for the tech-heavy segment and supporting overall S&P 500 resilience. The datapoint is likely to reinforce investor confidence in the AI trade and could influence sector allocations and credit-market perceptions of tech firms’ financial flexibility.