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China is no longer just supplying the AI boom. It's building an AI ecosystem that could rival the US-led one.
China still has an enormous capital disadvantage versus the US-led ecosystem, particularly in frontier semiconductors and the sheer amount of money available for capex and R&D
Goldman Sachs has urged investors to reconsider how they approach artificial intelligence stocks as the technology race increasingly divides into two competing ecosystems centered on the United States and China, challenging the assumption that the global AI boom can be treated as a single investment theme. The shift…