China’s AI Stock Bubble Has Burst After $480 Billion Market Selloff
China’s AI and semiconductor stocks have plunged 40% in under four months, erasing $480 billion as valuations and demand concerns weigh.
by Ryan Perrakis//4 minute read
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China’s AI and semiconductor stocks have plunged 40% in under four months, erasing $480 billion as valuations and demand concerns weigh.
by Ryan Perrakis//4 minute read
Silver futures fell 4.6% to $54.764 on October 22, their lowest close of 2026, as rising oil prices, a stronger dollar and higher yields pressured precious metals.
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Microsoft is offering voluntary exit packages to eligible employees in four countries, with around 60,000 workers potentially covered as AI spending expands.
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Anthropic’s seven cofounders hold nearly equal stakes that could be worth up to $200 billion combined if the AI company reaches a $2 trillion IPO valuation.
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