🚨 US aims to curb China’s AI ambitions with export controls, but it may end up helping it rise 🧠

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- The US has imposed export controls on China, intending to curb China’s AI development, but CXMT Corp’s successful listing may accelerate the process
- CXMT Corp is a memory chip manufacturer that once relied on foreign technology; it recently went public on the STAR Market of the Shanghai Stock Exchange and surged 466% in a single trading day
- Its market value even surpasses that of the Industrial and Commercial Bank of China 🔥

- China’s AI development may accelerate further, possibly due to CXMT Corp’s success
- In the short term, the market may face downward pressure and panic-like fluctuations
- Whales may distribute holdings or dip-buy at lower levels, affecting market trends
- In the short term, market movements may become even more volatile

- What do you, the reader, think about the impact of CXMT Corp’s success on China’s AI development?

- Please keep following and commenting so we can discuss market trends together

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