China’s investors pivot toward AI infrastructure

Chinese investors have shifted their focus to metal and utility companies after having long favored the world’s largest chipmakers. These investors, seeking a lead in the artificial intelligence industry, argue that the firms are crucial in driving the industry forward . This shift to investing in the supply chain, from power generators to materials that power data centers, indicates growing concern among investors regarding the price hikes on pure AI stocks . On the other hand, analysts expressed their belief that firms backing this tech sector present a more budget-friendly approach to get involved in the leading trend this year. The effects of this shift have already begun to be visible in the market. This was discovered after reports from sources indicated that an index monitoring Chinese energy stocks rose 10% in October, bolstering predictions of outperforming the CSI 300 Index for a second consecutive month. Notably, seven of the...

https://www.cryptopolitan.com/investors-shift-to-ai-infrastructure-stocks/