China's AI stock bubble bursts, wiping out $480 billion as chipmakers plunge up to 60% amid valuation fears
Livemint AI ·
Summary: China's AI stock bubble has burst, wiping out $480 billion in market value as the STAR50 index plunged 40% in under four months. High valuations, AI demand concerns and US export curbs have deepened the selloff, hitting chipmakers and robotics firms.
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