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Global Market: China stocks slide to one-week low as AI valuation concerns hit tech shares
Chinese stocks fell to a one-week low on Tuesday, led by a sharp selloff in technology and semiconductor shares as investors questioned AI-driven valuations. The CSI300 dropped 2.3% alongside declines in key tech indices, mirroring broader market anxiety across Asian markets over rising competition and heavy AI spending.
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cryptobriefing.com
CSI AI Index falls 3% as Chinese AI shares retreat amid valuation fears
China's CSI AI Index dropped 4.6% on June 26 as valuation fears and US-China tensions triggered a broad selloff in Chinese AI stocks.
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swissinfo.ch
Asian Stocks Fall as Chips Slump, Oil Extends Drop: Markets Wrap
(Bloomberg) -- Asian equities declined as renewed concerns over artificial-intelligence spending fueled another selloff in chipmakers.
