China’s Star 50 index of AI and chip leaders is down by 40% in under four months, losing ~$480B in market value; chipmaker CXMT is down ~25% in the past month (Reuters) · Activ.news
China’s Star 50 index of AI and chip leaders is down by 40% in under four months, losing ~$480B in market value; chipmaker CXMT is down ~25% in the past month (Reuters)
17s
What happened
China's Star 50 index of leading AI and chip firms has fallen 40% in under four months, wiping out about $480 billion in market value. Chipmaker CXMT dropped roughly 25% in the past month.