Copper faces third weekly loss as technology selloff deepens

Copper: Copper is an industrial metal widely used in electrical equipment, power networks, construction, data centers, and other infrastructure. In the reported event, copper prices were pressured by a technology-stock selloff that weakened broader risk appetite, despite the metal’s longer-term connection to artificial-intelligence infrastructure demand. Market sentiment: Copper has recently tracked weakness in global equities as investor concerns about the sustainability and financing of artificial-intelligence spending reduced appetite for cyclical assets. AI infrastructure: Copper remains viewed as a beneficiary of data-center and power-grid expansion, but doubts about the pace of that buildout have created near-term selling pressure. Supply conditions: Rising inventories in London Metal Exchange warehouses added to the pressure on copper during the technology-led market selloff.