The U.S. lead over China in AI is all but gone

Travelers walk past an Alibaba Cloud advertisement at Shenzhen Bao’an International Airport in Shenzhen, China, on Tuesday, Oct. 7, 2025. Bloomberg | Bloomberg | Getty Images For much of the past several years, the debate over artificial intelligence has revolved around two foundational questions: Can American technology companies continue to innovate at the technological frontier?…

Read More

China AI supplier Zhongji Innolight Hong Kong debut

The Zhongji Innolight logo is displayed on the screen of a tablet computer. Sopa Images | Lightrocket | Getty Images Shares of Zhongji Innolight fell 5% on Thursday after the Chinese optical transceiver maker made its trading debut on the Hong Kong Stock Exchange. The company raised HK$53.4 billion ($6.8 billion) after pricing its initial…

Read More

SoftBank sinks as Asia chip stocks track Wall Street AI rout

CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Asia tech stocks tumbled on Friday as a fresh rout in U.S. semiconductor shares spread across Asia, underscoring growing…

Read More