Posted on 10/26/2026 7:44:24 PM PDT by yesthatjallen
China's AI stock rally has collapsed, wiping out about $480 billion as the STAR50 index of AI and chip companies fell 40% from its July high.
US AI stocks have taken a far smaller hit so far. The Nasdaq is about 6% below the record it set three weeks ago. This week's Big Tech earnings will test whether that gap holds.
How China's AI Bubble Burst
Analysts have pointed to stretched prices, tax bills, and the risk of US bans on Chinese data-center equipment.
The damage is wide. AI stocks account for 42% of China's market value and 57% of its trading, according to Goldman Sachs.
The broader CSI 300 index of China's biggest companies entered a bear market last week, as BeInCrypto reported.
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(Excerpt) Read more at finance.yahoo.com ...
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China has no free speech. You should move there.enjoy your faux “freedom” there.
Printing money in the US is one of the reasons its factories closed. That’s one misuse of having the world’s most demanded currency.
China is a dictatorship. A dictatorship has its disadvantages, but one advantage is that people can’t vote to get other people’s money.
I can think about advantages and disadvantages of different countries while having no desire to move anywhere.
Biggest problem? Tyranny
Overview of Free Speech in China
Free speech in China is severely restricted. The government exercises strict control over all major channels of information, including the press, internet, and public discourse. This control is enforced through censorship and the suppression of dissenting views.
Really ? you are a GD fool. Go there and live under the thumb of
benign (for now) dictatorship.
In better times you would have been zotted.
My point is, AI is not error-proof.
Awfully bad timing., Anthropic set to make stock market debut
I use it everyday sometimes all day it works great but I pay for it free ai I can’t speak to
As for AI going beserk and killing everyone, yes, I think that's true. Although the B-grade SF movie Gog has a similar scenario, although in that movie, the murderous robotic systems are being controlled by an alien spacecraft in orbit around Earth. Gog was made in 1954.
What? What? We buy data center equipment from China? What's with that?
AI can do none of that.
https://www.tiktok.com/t/ZPLAKPkke/
No salmonella in these crops. Chinese automation is forward thinking.
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