Global investors turn to Chinese AI as Wall Street fears a bubble

Global investors turn to Chinese AI as Wall Street fears a bubble

HONG KONG/NEW YORK, Dec 23 (Reuters) – Global investors are increasing their bets on Chinese artificial intelligence companies, betting on the next DeepSeek and looking to diversify, as concerns grow about a speculative bubble in the sector on Wall Street. Demand for China’s AI companies is also being boosted by Beijing’s push for technological independence. … Read more

MetaX surges 700% on debut as China’s AI chips attract investors

MetaX surges 700% on debut as China’s AI chips attract investors

SHANGHAI, Dec 17 (Reuters) – MetaX Integrated Circuits surged 700 percent in its Shanghai market debut as the Chinese AI chip maker benefited from a strong boost sparked by Beijing’s efforts to reduce reliance on chips from U.S. firms Nvidia ( NVDA ) and Advanced Micro Devices ( AMD ). Founded by former AMD executives, … Read more