China is going to burst the US AI Bubble!
Global markets are facing two major shocks at the same time.
The first is the rapid escalation of the US-Iran conflict, with attacks now extending beyond military targets to critical infrastructure, raising fresh concerns over oil prices, inflation and geopolitical risks.
The second is China's latest AI breakthrough. Moonshot's Kimi K3 has been launched with performance claims comparable to leading US AI models while being open-weight, fuelling another sell-off in AI-related technology stocks and raising questions about whether US AI dominance is being challenged.
In today's market update, I'll explain:
What is happening between the US and Iran
Why Kimi K3 has rattled global AI stocks
Whether Nvidia and semiconductor companies should be worried
What all this means for investors
How I'm thinking about the markets going forward
Stay informed. Stay calm. And most importantly, invest with facts, not fear.
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