Dhaka, Dec. 24 -- Global investors are increasing their wagers on Chinese artificial intelligence companies, betting on the next DeepSeek and seeking to diversify, with concerns growing about a speculative bubble in the sector on Wall Street.
Demand for China's AI companies is also being stimulated by Beijing's push for tech independence. China has fast-tracked blockbuster listings of chipmakers, notably Moore Threads dubbed 'China's Nvidia' , and MetaX which both debuted this month.
Foreigners see China closing the tech gap with the U.S. as Beijing steps up support for AI chipmakers, spurring bets on Chinese companies just as worries grow over lofty valuations on U.S.-listed AI stocks.
U.K.-based asset manager Ruffer, for example, said ...