![\"Piyasalar\u0131n](\"https:\/\/images.ntv.com.tr\/images\/5WQS5WZQUZLP5HNKMBBVBK47FA-952818.jpeg?width=930&format=webp\")
<\/p>\n<\/p>\n
Yapay zeka \u015firketlerinin \u00f6nc\u00fcl\u00fck etti\u011fi halka arzlar, 2026’n\u0131n ilk yar\u0131s\u0131nda k\u00fcresel \u00f6l\u00e7ekte 194 milyar dolara ula\u015ft\u0131. SpaceX’in 86 milyar dolarl\u0131k i\u015flemi toplam\u0131n neredeyse yar\u0131s\u0131n\u0131 olu\u015ftururken, uzmanlar yo\u011fun talebin yapay zeka balonuna d\u00f6n\u00fc\u015febilece\u011fi ve piyasada likidite s\u0131k\u0131nt\u0131s\u0131 yaratabilece\u011fi uyar\u0131s\u0131nda bulundu.<\/p>\n
Yapay zeka \u015firketlerinin \u00f6nc\u00fcl\u00fck etti\u011fi halka arzlar, 2026’n\u0131n ilk yar\u0131s\u0131nda k\u00fcresel \u00f6l\u00e7ekte 194 milyar dolara ula\u015ft\u0131.<\/p>\n
\u00a0<\/p>\n
EY dan\u0131\u015fmanl\u0131k \u015firketinin verilerine g\u00f6re bu tutar, 2025’in ayn\u0131 d\u00f6neminin \u00fc\u00e7 kat\u0131na \u00e7\u0131kt\u0131 ve ge\u00e7en y\u0131l\u0131n tamam\u0131ndaki toplam\u0131 a\u015ft\u0131.<\/p>\n
\u00a0<\/p>\n
Halka arzlardan elde edilen gelirin b\u00fcy\u00fck b\u00f6l\u00fcm\u00fc ABD’de, daha s\u0131n\u0131rl\u0131 \u00f6l\u00e7\u00fcde de \u00c7in’de topland\u0131.<\/p>\n
\u00a0<\/p>\n
SpaceX hisselerinin haziranda 86 milyar dolarl\u0131k halka arz\u0131, k\u00fcresel toplam\u0131n neredeyse yar\u0131s\u0131n\u0131 olu\u015fturdu.<\/p>\n
\u00a0<\/p>\n
Hisse piyasalar\u0131, merkez bankalar\u0131n\u0131n Covid-19 salg\u0131n\u0131n\u0131n ekonomiler \u00fczerindeki etkisini hafifletmek amac\u0131yla \u015firket finansman\u0131n\u0131 kolayla\u015ft\u0131rd\u0131\u011f\u0131 d\u00f6nemden bu yana b\u00f6ylesi bir hareketlilik ya\u015famad\u0131.<\/p>\n
\u00a0<\/p>\n
Renaissance Capital k\u0131demli stratejisti Matthew Kennedy, AFP ajans\u0131na yapt\u0131\u011f\u0131 a\u00e7\u0131klamada talebin belirli sekt\u00f6rlerde yo\u011funla\u015ft\u0131\u011f\u0131n\u0131 belirterek \u015f\u00f6yle dedi:<\/p>\n
\u00a0<\/p>\n
“Bu yo\u011fun talep \u00e7\u0131lg\u0131nl\u0131\u011f\u0131, \u015fu anda faaliyet g\u00f6steren birka\u00e7 sekt\u00f6rde, \u00f6rne\u011fin yapay zeka ve teknolojide, ayr\u0131ca belki havac\u0131l\u0131k ve savunmada, belki de biyoteknolojide yo\u011funla\u015f\u0131yor.”<\/i><\/p>\n
Teknoloji \u015firketlerinin yapay zekay\u0131 geli\u015ftirmek ve kullan\u0131ma sunmak i\u00e7in y\u00fczlerce milyar dolarl\u0131k yat\u0131r\u0131m\u0131 finanse etmesi gerekiyor. Bor\u00e7 piyasalar\u0131 ve \u00f6zel finansman, \u015firketlerin bu ihtiya\u00e7lar\u0131n\u0131 kar\u015f\u0131layacak kapasiteye sahip de\u011fil.<\/p>\n
\u00a0<\/p>\n
PwC France’tan Philippe Kubisa, yat\u0131r\u0131mc\u0131lar\u0131n yakla\u015f\u0131m\u0131n\u0131 \u015f\u00f6yle a\u00e7\u0131klad\u0131:<\/p>\n
\u00a0<\/p>\n
“Yat\u0131r\u0131mc\u0131lar aras\u0131nda yapay zekan\u0131n uzun vadeli bir ekonomik ihtiyaca kar\u015f\u0131l\u0131k geldi\u011fi ve yat\u0131r\u0131m yapmak i\u00e7in zaman\u0131n \u015fimdi oldu\u011fu y\u00f6n\u00fcnde bir inan\u00e7 var.”<\/i><\/p>\n
\u00a0<\/p>\n
Y\u0131l ba\u015f\u0131ndan bu yana en y\u00fcksek hacimli 10 halka arz\u0131n 8’i ABD’de ger\u00e7ekle\u015fti. Bunlar\u0131n yar\u0131s\u0131, teknoloji hisselerinde uzmanla\u015fan Nasdaq’ta yap\u0131ld\u0131.<\/p>\n
\u00a0<\/p>\n
EY’nin halka arz dan\u0131\u015fman\u0131 Cedric Garcia, Donald Trump’\u0131n g\u00f6reve ba\u015flamas\u0131ndan bu yana uygulad\u0131\u011f\u0131 finansal d\u00fczenlemeleri gev\u015fetme tedbirlerinin halka arzlar\u0131 kolayla\u015ft\u0131rd\u0131\u011f\u0131n\u0131 s\u00f6yledi.<\/p>\n
\u00a0<\/p>\n
Garcia, “Kas\u0131mda yap\u0131lacak ara se\u00e7imlerden \u00f6nce m\u00fcmk\u00fcn oldu\u011funca \u00e7ok \u015firketin halka arz edilmesini istemesi de dikkat \u00e7ekiyor. Demokratlar\u0131n zaferi bu tedbirleri tehdit edebilir” dedi.<\/p>\n
Y\u0131l\u0131n ikinci yar\u0131s\u0131nda, ABD’nin \u00f6nde gelen iki yapay zeka giri\u015fimi OpenAI ve Anthropic’in toplam de\u011feri y\u00fczlerce milyar dolar\u0131 bulabilecek halka arzlar ger\u00e7ekle\u015ftirmesi bekleniyor.<\/p>\n
\u00a0<\/p>\n
Yapay zeka, \u00c7in \u015firketlerinin halka arzlar\u0131ndaki b\u00fcy\u00fcmeyi de destekliyor. Pekin ile Washington aras\u0131ndaki gerilim s\u00fcrerken sermaye hareketlerine getirilen daha s\u0131k\u0131 k\u0131s\u0131tlamalar da bu s\u00fcreci etkiliyor.<\/p>\n
\u00a0<\/p>\n
EY’den Garcia, mevcut ko\u015fullarda ABD’de finansman sa\u011flayacak \u00c7in \u015firketlerinin Hong Kong’a y\u00f6neldi\u011fini belirterek \u015f\u00f6yle konu\u015ftu:\u00a0<\/p>\n
\u00a0<\/p>\n
“Mevcut durumda, ABD’de finansman sa\u011flayacak \u00c7in \u015firketleri \u015fimdi Hong Kong’a y\u00f6neliyor.”<\/i><\/p>\n
\u00a0<\/p>\n
PwC’ye g\u00f6re Hong Kong borsas\u0131, ocaktan bu yana toplad\u0131\u011f\u0131 48 milyar dolarl\u0131k fonla son be\u015f y\u0131l\u0131n en iyi performans\u0131n\u0131 g\u00f6stermeye haz\u0131rlan\u0131yor.<\/p>\n
\u00a0<\/p>\n
Yapay zeka \u00e7ipi \u00fcreticisi Nvidia’n\u0131n tedarik\u00e7isi Victory Giant’\u0131n 3 milyar dolarl\u0131k halka arz\u0131, 2026’da d\u00fcnya genelinde d\u00f6rd\u00fcnc\u00fc s\u0131raya yerle\u015fti.<\/p>\n
\u00a0<\/p>\n
\u00c7inli yapay zeka giri\u015fimleri DeepSeek ve Moonshot AI’\u0131n yan\u0131 s\u0131ra Baidu’nun \u00e7ip i\u015ftiraki Kunlunxin ile yapay zeka altyap\u0131s\u0131 i\u00e7in y\u00fcksek h\u0131zl\u0131 optik ba\u011flant\u0131 par\u00e7alar\u0131 \u00fcreten Zhongji Innolight’\u0131n da halka arz s\u00fcrecine kat\u0131lmas\u0131 bekleniyor.<\/p>\n
\u00d6te yandan baz\u0131 piyasa akt\u00f6rleri, bu ivmenin patlamaya haz\u0131rlanan bir yapay zeka balonuna d\u00f6n\u00fc\u015febilece\u011finden kayg\u0131 duyuyor.<\/p>\n
\u00a0<\/p>\n
Sekt\u00f6rle ba\u011flant\u0131l\u0131 hisseler, birka\u00e7 ayd\u0131r bu y\u00f6ndeki endi\u015feler nedeniyle d\u00fczenli olarak sars\u0131l\u0131yor.<\/p>\n
\u00a0<\/p>\n
PwC’den Kubisa, devasa i\u015flemlerin piyasadaki likiditeyi \u015fimdiden t\u00fcketebilece\u011fini ve arz\u0131n talebi a\u015faca\u011f\u0131 durumlar yaratabilece\u011fini belirterek bunun fiyatlar \u00fczerinde bask\u0131 olu\u015fturabilece\u011fini s\u00f6yledi.<\/p>\n
\u00a0<\/p>\n
EY’den Garcia ise finansal balonun patlamas\u0131 veya fiyatlar\u0131n uzun s\u00fcre d\u00fc\u015f\u00fc\u015f e\u011filimini korumas\u0131 halinde halka arz ak\u0131\u015f\u0131n\u0131n kuruyabilece\u011fini ifade etti.<\/p>\n
\u00a0<\/p>\n
SpaceX’in hisse fiyat\u0131 da temmuz ortas\u0131ndan bu yana halka arz ba\u015flang\u0131\u00e7 de\u011ferinin alt\u0131nda seyrediyor.<\/p>\n
\u00a0<\/p>\n
ABD ve \u00c7in d\u0131\u015f\u0131ndaki b\u00f6lgelerde, \u00f6zellikle teknoloji sekt\u00f6r\u00fcnde halka arz faaliyeti zay\u0131f kald\u0131. Avrupa, Ortado\u011fu ve Afrika’y\u0131 kapsayan b\u00f6lge, \u015fimdiye kadar yaln\u0131zca 16 milyar dolar toplad\u0131. Bu tutar, ge\u00e7en y\u0131lla ayn\u0131 d\u00fczeyde kald\u0131.<\/p>\n
\u00a0<\/p>\n
Bununla birlikte Avrupa, savunma sekt\u00f6r\u00fcndeki s\u0131n\u0131rl\u0131 hareketlilikten yararlan\u0131yor.<\/p>\n
\u00a0<\/p>\n
\u00c7ek silah \u015firketi CSG’nin Amsterdam borsas\u0131ndaki halka arz\u0131 4,47 milyar dolara ula\u015ft\u0131 ve ocaktan bu yana d\u00fcnya genelindeki en y\u00fcksek hacimli \u00fc\u00e7\u00fcnc\u00fc i\u015flem oldu.<\/p>","protected":false},"excerpt":{"rendered":"
Yapay zeka \u015firketlerinin \u00f6nc\u00fcl\u00fck etti\u011fi halka arzlar, 2026’n\u0131n ilk yar\u0131s\u0131nda k\u00fcresel \u00f6l\u00e7ekte 194 milyar dolara ula\u015ft\u0131. SpaceX’in 86 milyar dolarl\u0131k i\u015flemi toplam\u0131n neredeyse yar\u0131s\u0131n\u0131 olu\u015ftururken, uzmanlar yo\u011fun talebin yapay zeka balonuna d\u00f6n\u00fc\u015febilece\u011fi ve piyasada likidite s\u0131k\u0131nt\u0131s\u0131 yaratabilece\u011fi uyar\u0131s\u0131nda bulundu. Yapay zeka \u015firketlerinin \u00f6nc\u00fcl\u00fck etti\u011fi halka arzlar, 2026’n\u0131n ilk yar\u0131s\u0131nda k\u00fcresel \u00f6l\u00e7ekte 194 milyar dolara ula\u015ft\u0131. …<\/p>","protected":false},"author":1,"featured_media":3509,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pagelayer_contact_templates":[],"_pagelayer_content":"","footnotes":""},"categories":[21],"tags":[],"class_list":["post-3508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-teknoloji"],"_links":{"self":[{"href":"https:\/\/rdgundem.com\/en\/wp-json\/wp\/v2\/posts\/3508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rdgundem.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rdgundem.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rdgundem.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rdgundem.com\/en\/wp-json\/wp\/v2\/comments?post=3508"}],"version-history":[{"count":0,"href":"https:\/\/rdgundem.com\/en\/wp-json\/wp\/v2\/posts\/3508\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rdgundem.com\/en\/wp-json\/wp\/v2\/media\/3509"}],"wp:attachment":[{"href":"https:\/\/rdgundem.com\/en\/wp-json\/wp\/v2\/media?parent=3508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rdgundem.com\/en\/wp-json\/wp\/v2\/categories?post=3508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rdgundem.com\/en\/wp-json\/wp\/v2\/tags?post=3508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}