China fund managers stick with AI, chips this month after July sell-off: survey

China fund managers stick with AI, chips this month after July sell-off: survey

Despite July’s sharp sell-off in global semiconductor shares, driven by concerns over AI-linked profitability, artificial intelligence and chips remained China’s most preferred investment themes in August, while more investors moved to hedge tech exposure, according to a survey by BofA Global Research. The findings come from the August edition of the Asia Fund Manager Survey, for which Bank of America’s researchers polled 98 participants across …