WS #12420
Semiconductor index enters bear market (down 20% from record) on AI spending concerns; Chinese AI model Kimi K3 from Moonshot AI shakes markets; Moonshot plans Hong Kong IPO within 6 months at $30B+ valuation.
Chip Stock Bear Market and AI Spending Concerns
Semiconductor index enters bear market (down 20% from record) on AI spending concerns; Chinese AI model Kimi K3 from Moonshot AI shakes markets; Moonshot plans Hong Kong IPO within 6 months at $30B+ valuation.