Reported about 9 hours ago
Chinese investors are flocking to AI stocks following the breakthrough of local startup DeepSeek, which introduced a competitive large language model. This surge in investment is fueled by growing nationalism and optimism about the potential of China's AI sector amidst rising tensions with the U.S. President's new tariffs. The enthusiasm has driven significant gains in Chinese tech stocks, particularly in semiconductors and software, highlighting a shift in potential market dynamics as deeper engagement in AI innovation unfolds.
Source: YAHOO