Tbh nothing weird going on imo It’s the Pig cycle economics, but 100 years later. Though probably the first one was the infamous Tulip Mania crisis in the 1630s.
" Just like all other Chinese manufacturers, (chipmakers and AI suppliers) will eventually end up in a price war," said fund manager Wang Zhuo, partner at Shanghai Zhuozhu Investment Management.
“There’s no exception,” he said. “All bubbles inevitably burst.”
It just happens intenser in China due to their unified approach and Gvment pushes.I.e what the Party wishes.
Tbh nothing weird going on imo It’s the Pig cycle economics, but 100 years later. Though probably the first one was the infamous Tulip Mania crisis in the 1630s.
" Just like all other Chinese manufacturers, (chipmakers and AI suppliers) will eventually end up in a price war," said fund manager Wang Zhuo, partner at Shanghai Zhuozhu Investment Management. “There’s no exception,” he said. “All bubbles inevitably burst.”
It just happens intenser in China due to their unified approach and Gvment pushes.I.e what the Party wishes.