Stock Market Sell-Off: AI Trade Has Moved to China As Alibaba Soars, Nvidia Sinks
Chinese tech stocks are rising sharply on new AI announcements. Alibaba announced a new AI model that it claims is more efficient than DeepSeek. Meanwhile, top-performing US-based AI stocks like Nvidia are struggling. The AI investing frenzy isn’t over. It’s just migrating. Chinese AI names have seen major gains in recent days on fresh excitement…