Trump's AI chip ban has fueled a blistering rally in China's chip and tech stocks — and sparked overheating concerns

Trump's AI chip ban has fueled a blistering rally in China's chip and tech stocks — and sparked overheating concerns

Getty Images; Alyssa Powell/BIThe US's ban on advanced AI chips fuels a rally in China's semis, pulling investors into local firms.China's tech surge stems from DeepSeek's breakout and fierce competition among homegrown chipmakers.Cambricon and giants like Alibaba and Tencent are leading the charge in China's market rally.A US ban on advanced AI chip exports has supercharged China's chip stocks, sending investors piling into homegrown players. T…

Trump’s AI Chip Bans Backfire, Ignite 60% China Tech Index Surge

In the escalating U.S.-China tech rivalry, President Trump’s stringent bans on exporting advanced AI chips have unexpectedly ignited a surge in China’s domestic semiconductor and technology sectors. Despite persistent economic headwinds like a protracted property crisis and ongoing trade tensions, Chinese tech stocks have experienced a remarkable rally throughout 2025. The Hang Seng Tech Index, a key barometer for the sector, has climbed more th…

China’s AI chip boom fuels rallies in Cambricon, Alibaba shares

The mainland’s chip-focused gauge, better known as Star50, now trades at 57 times forward earnings, above its five-year average of 41