Copper prices slide to five-week lows as AI-related stock selloff hits sentiment

[Close-up of new and shiny сopper pipe.] SimoneN/iStock via Getty Images Copper futures fell Thursday as inventories on the London Metal Exchange surged and a global selloff in AI-related stocks sapped risk appetite, according to Bloomberg. Copper dropped as much as 2%, tracking losses in equities markets after earnings from major tech companies failed to reassure investors about the durability of the AI trade; copper is a ley beneficiary of AI expansion because of its essential role in data centers and power infrastructure. Prices are also facing pressure [https://www.bloomberg.com/news/articles/2026-10-22/copper-declines-as-tech-stock-selloff-dulls-appetite-for-risk] from speculation that the U.S.