"The meltdown, tanking the mainland STAR50 index of AI and semiconductor leaders by 40% in less than four months and vaporising some $480 billion in market value, is an ill omen ‌for wobbly world markets and a dampener on China's efforts at encouraging its savers into stocks to fund the AI boom."

'ALL BUBBLES INEVITABLY BURST'

#ai #aibubble #aibubbleburst #china

https://finance.yahoo.com/markets/stocks/articles/analysis-china-ai-bubble-already-120038616.html