Has China’s AI Stock Bubble Finally Burst? $480 Billion Wipeout Puts Tech Valuations Under Scrutiny
China’s artificial intelligence boom is facing a major market test as investors reassess the valuations of the country’s technology and semiconductor companies. The STAR50 index has plunged around 40% in less than four months, wiping out approximately $480 billion in market value, according to Reuters. Watch full report.
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