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tz-plus logo Asia's AI frenzy: Where the big money is flowing now!

L. Kulikov
Reading Time: 3 minutes

The expansion of artificial intelligence has become the defining force in global stock markets — and its focus is unmistakably shifting to Asia. From Hefei and Seoul to Tokyo, companies are vying for computing power, storage, and capital. Four industries are emerging as winners, accompanied by growing concerns that too much money is circulating without results. Memory chips — the core of the boom . No event better embodies the excitement than the stock market debut of CXMT (formerly ChangXin Memory) in Shanghai: a price jump of up to 535%,...

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