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Chinese AI Euphoria Obscures a Gloomier Technological Reality

Moore Threads Technology Co.’s 425% first-day pop this month — China’s most successful initial public offering since 2019 — capped a year in which investors have grown increasingly excited about the prospects for the country’s AI chip advancement. That’s despite basic technological hurdles that may hinder the industry’s longer-term prospects.

Moore Threads Technology Co.’s 425% first-day pop this month — China’s most successful initial public offering since 2019 — capped a year in which investors have grown increasingly excited about the prospects for the country’s AI chip advancement. Th… [801 chars]

Source: Bloomberg | Published: 2025-12-13T00:00:00Z

Credit: Bloomberg

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