{"id":1054664,"date":"2026-07-09T23:14:17","date_gmt":"2026-07-09T23:14:17","guid":{"rendered":"https:\/\/www.europesays.com\/fr\/1054664\/"},"modified":"2026-07-09T23:14:17","modified_gmt":"2026-07-09T23:14:17","slug":"marches-financiers-faut-il-craindre-une-explosion-de-la-bulle-ia","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/fr\/1054664\/","title":{"rendered":"March\u00e9s financiers\u00a0:\u00a0faut-il craindre une explosion de la bulle IA"},"content":{"rendered":"<p>\n    <strong>D\u00c9CRYPTAGE<\/strong> &#8211; Le secteur de la tech multiplie les lev\u00e9es de capital et de dette. Malgr\u00e9 les perspectives de la r\u00e9volution technologique de l\u2019IA, la crainte de voir exploser la bulle grandit de jour en jour.<\/p>\n<p class=\"fig-paragraph\">Mardi,\u00a0<a href=\"http:\/\/www.lefigaro.fr\/secteur\/high-tech\/technologie-les-benefices-de-samsung-s-envolent-l-action-devisse-a-la-bourse-de-seoul-20260707\" data-fig-type=\"NewsFlash\" data-gtm-custom-categorie=\"navigation\" data-gtm-custom-action=\"crossclick\" data-gtm-custom-label=\"Contextuel\" data-gtm-event=\"customEventSPE\" data-fig-domain=\"LEFIGARO\" rel=\"nofollow noopener\" target=\"_blank\">le groupe sud-cor\u00e9en Samsung a publi\u00e9 des chiffres fous<\/a>. Sur le seul deuxi\u00e8me trimestre 2026, il a multipli\u00e9 par 19 son b\u00e9n\u00e9fice op\u00e9rationnel, \u00e0 51\u00a0milliards d\u2019euros, et par 2,3 son chiffre d\u2019affaires. La performance est \u00e9norme. Peut mieux faire, a r\u00e9agi le march\u00e9\u00a0; l\u2019action a chut\u00e9 de 10\u00a0%. Les titres des autres fabricants de semi-conducteurs ont flanch\u00e9 dans la foul\u00e9e.<\/p>\n<p class=\"fig-paragraph\"><a href=\"http:\/\/www.lefigaro.fr\/economie\/ia-sk-hynix-l-incroyable-retour-d-un-tigre-sud-coreen-qui-debarque-a-wall-street-avec-un-appetit-de-fauve-20260709\" data-fig-type=\"Article\" data-gtm-custom-categorie=\"navigation\" data-gtm-custom-action=\"crossclick\" data-gtm-custom-label=\"Contextuel\" data-gtm-event=\"customEventSPE\" data-fig-domain=\"LEFIGARO\" rel=\"nofollow noopener\" target=\"_blank\">La course folle vers l\u2019intelligence artificielle<\/a>\u00a0est ainsi faite\u00a0: quelques instants de doute, comme dans l\u2019\u00e9pisode Samsung, ponctuent une ascension des valorisations tendant apparemment vers l\u2019infini. Il existe aujourd\u2019hui 16\u00a0entreprises cot\u00e9es valant chacune plus de 1\u00a0000\u00a0milliards de dollars, dont trois seulement ne sont pas directement impliqu\u00e9es dans l\u2019IA. L\u2019euphorie nourrit une forte concentration du march\u00e9 sur ces quelques valeurs, qui elle-m\u00eame, parce que ni les grands investisseurs, ni les algorithmes de la gestion indicielle ne peuvent passer \u00e0 c\u00f4t\u00e9, alimente la hausse.<\/p>\n<p class=\"fig-body-link\">\n            \u00c0 lire aussi<br \/>\n        <a class=\"fig-body-link__link fig-premium-mark\" href=\"http:\/\/www.lefigaro.fr\/secteur\/high-tech\/un-mini-moment-deepseek-z-ai-le-puissant-laboratoire-pekinois-symbole-de-la-bataille-de-l-ia-entre-la-chine-et-les-etats-unis-20260703\" data-fig-type=\"Article\" data-gtm-custom-categorie=\"navigation\" data-gtm-custom-action=\"crossclick\" data-gtm-custom-label=\"Contextuel\" data-gtm-event=\"customEventSPE\" data-fig-domain=\"LEFIGARO\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n                \u00abUn mini-moment Deepseek\u00bb\u00a0: Z.ai, le puissant laboratoire p\u00e9kinois symbole de la bataille de l\u2019IA entre la Chine et les \u00c9tats-Unis<br \/>\n    <\/a>\n<\/p>\n<p>                                            Quand SpaceX bat tous les records de la d\u00e9mesure<\/p>\n<p class=\"fig-paragraph\">Et rien n\u2019indique que les investisseurs\u2026<\/p>\n<p class=\"fig-premium-paywall__infos\">\n        Cet article est r\u00e9serv\u00e9 aux abonn\u00e9s.        Il vous reste 87% \u00e0 d\u00e9couvrir.\n    <\/p>\n<p>                <img  data- alt=\"Le Figaro\" class=\"fig-img--complete fig-img\"\/><\/p>\n<p class=\"fig-premium-paywall__title\">Vous avez envie de lire la suite ?<\/p>\n<p class=\"fig-premium-paywall__subtitle\">D\u00e9bloquez tous les articles imm\u00e9diatement.<\/p>\n<p class=\"fig-premium-paywall__connect\">\n                D\u00e9j\u00e0 abonn\u00e9\u00a0?                <a class=\"fig-premium-paywall__connect-link\" href=\"https:\/\/connect.lefigaro.fr\/login?client=horizon_web&amp;type=main&amp;redirect_uri=https%3A%2F%2Fwww.lefigaro.fr%2Fsocietes%2Fmarches-financiers-faut-il-craindre-une-explosion-de-la-bulle-ia-20260709\" data-js-gtm=\"{&quot;event&quot;:&quot;customEventGA4&quot;,&quot;eventName&quot;:&quot;click_action&quot;,&quot;feature&quot;:&quot;paywall&quot;,&quot;location&quot;:&quot;paywall&quot;,&quot;button_action&quot;:&quot;connect&quot;,&quot;click_text&quot;:&quot;Connectez-vous&quot;}\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n                    Connectez-vous<br \/>\n                <\/a>\n            <\/p>\n","protected":false},"excerpt":{"rendered":"D\u00c9CRYPTAGE &#8211; Le secteur de la tech multiplie les lev\u00e9es de capital et de dette. Malgr\u00e9 les perspectives&hellip;\n","protected":false},"author":2,"featured_media":1054665,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[6],"tags":[35,33,34,46,1011,27,861,17743],"class_list":["post-1054664","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economie","tag-business","tag-economie","tag-economy","tag-elon-musk","tag-fr","tag-france","tag-ia","tag-space-x"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@fr\/116892563297634683","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/posts\/1054664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/comments?post=1054664"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/posts\/1054664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/media\/1054665"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/media?parent=1054664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/categories?post=1054664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/tags?post=1054664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}