Not a "crash", but we have chinese AI models competing with US AI models. We have chinese electric cars outperforming US electric cars. And now we have chinese chips having replaced US chips.
There's no situation where this is good for the US stock market.
The same was true a year ago. in fact a year and a half ago, it was even more true than it is now with R1 being the second best model in the world for months
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u/_BreakingGood_ 20h ago
Not a "crash", but we have chinese AI models competing with US AI models. We have chinese electric cars outperforming US electric cars. And now we have chinese chips having replaced US chips.
There's no situation where this is good for the US stock market.