On August 20, news emerged that the Federal Reserve's meeting minutes revealed that when discussing financial stability, some participants focused on the financing vulnerabilities associated with the rapid expansion of AI infrastructure. They pointed out that the high stock valuations of AI companies reflect market optimism about their long-term profitability prospects. If the market significantly lowers its earnings expectations for these companies, it could trigger a broad revaluation of asset prices, leading to tighter financial conditions and putting pressure on financial institutions directly or indirectly involved in the sector. Additionally, two participants also discussed the adverse impacts of increased price volatility in the U.S. Treasury bond market on the financial system and potential countermeasures.