China’s AI stock bubble bursts: $480 billion wiped out | What went wrong, and is the selloff over?
China’s AI and semiconductor stocks have lost about $480 billion in market value, ending a two-year rally. High valuations, concerns about AI demand, export restrictions and potential price wars fueled the selloff.
China’s AI and semiconductor stocks have lost about $480 billion in market value, ending a two-year rally. High valuations, concerns about AI demand, export restrictions and potential price wars fueled the selloff.
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