China’s AI stock bubble bursts: $480 billion wiped out | What went wrong, and is the selloff over?

T1Covered by 1 source · first reported by Mint — Technology / AI at 28 Oct, 06:46 UTC

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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Sources

• T1China’s AI stock bubble bursts: $480 billion wiped out | What went wrong, and is the selloff over?Mint — Technology / AI28 Oct, 06:46