China's Star 50 Tech Index Falls 40% in Four Months Amid AI Concerns
China's Star 50 index of AI and chip stocks has dropped about 40% in under four months, erasing roughly $480 billion in market value, as worries about AI demand and US-linked export curbs weigh on lofty valuations.
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| Oct 27, 8:00 AM | slashdot.org | In China, the AI Bubble Has Already Burst |
| Oct 26, 9:42 PM | theguardian.com | Chinese markets lose trillions as race for AI supremacy with US takes its toll |
| Oct 26, 6:55 PM | techmeme.com | China's Star 50 index of AI and chip leaders is down by 40% in under four months, losing ~$480B in market value; chipmaker CXMT is down ~25% in the past month (Reuters) |