China's AI and semiconductor stocks lose about $480 billion as two-year rally ends

China's AI and semiconductor stocks have shed roughly $480 billion in market value, ending a two-year rally. High valuations, doubts about AI demand, export restrictions and potential price wars fueled the selloff.

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2026-10-28 06:46 · Mint AI
China’s AI stock bubble bursts: $480 billion wiped out | What went wrong, and is the selloff over?

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