China's A.I. bubble has already burst
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BREAKING: China’s artificial intelligence and semiconductor stocks have suffered a steep crash, with the STAR50 index plunging 40 percent in less than four months and wiping out $480 billion in market value. The sharp reversal follows a period of intense speculative gains that drove valuations to extreme levels amid earlier optimism around domestic AI development.
High valuations, weakening signals of sustained AI demand, and ongoing export restrictions have fueled the rapid sell-off. The decline stands in contrast to more limited recent pullbacks among major U.S. technology indices, underscoring the scale of the unwind in China’s tech sector
High valuations, weakening signals of sustained AI demand, and ongoing export restrictions have fueled the rapid sell-off. The decline stands in contrast to more limited recent pullbacks among major U.S. technology indices, underscoring the scale of the unwind in China’s tech sector
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Which AI and semiconductor businesses do you think will fail and which do you think will thrive?
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