Jeffrey Rosenberg

Jeffrey Rosenberg is a managing director and senior portfolio manager in BlackRock’s Systematic Fixed Income team, where he leads active and factor investments across mutual funds, institutional portfolios, and ETFs. He is a public market commentator on macro, fixed income, and AI-related investment themes including AI capex and growth effects.

AI Capex Boom Meets Higher Rates and Public-Market Scrutiny

Bloomberg’s Ed Ludlow framed the day’s tech selloff as a test of the AI trade’s practical limits: higher rate expectations after a solid jobs report, pressure on chip stocks after Broadcom’s outlook, and the capital demands of SpaceX’s looming IPO. Across interviews with economists, executives and investors, the program argued that enthusiasm for AI and space infrastructure remains strong, but the market is increasingly focused on whether compute, energy, supply chains and public investors can absorb the scale of spending required.

Bloomberg TechnologyJun 5, 202613 min read