The immediate market reaction to DeepSeek was a US$1 trillion hit in market capitalisation but the Lombard Odier analysts believe that the broader trend of capital expenditure on AI by large US ...
A notable example is Hubei Yangtze Memory Labs in Wuhan, where many engineers from leading Chinese chipmaker YMTC, which was added to the US Entity List in 2022, conduct trials and test samples.
Chinese investors are rushing into AI-related stocks, betting the artificial intelligence advance of home-grown startup ...