"America is in the lead in the AI race, at least for now. But with Jensen Huang recently saying things like China is just "nanoseconds" behind, I do think investors looking for growth in the AI trade might wish to expand their horizons beyond the U.S. Undoubtedly, Jensen Huang's recent comments may be concerning, but the reality of the matter is that nobody knows who will win the "AI race," and how many times the lead could change hands."
"In this piece, we'll look at three Chinese internet stocks worth owning as the AI race gets close, perhaps too close to call, as China looks to make even larger strides in AI and agents. Though they may be trailing their American counterparts in AI, I do find that their valuations are compelling, especially when you consider the potential for the world's number-two AI superpower to catch up and even pull ahead."
America currently leads the AI race, but China may be only "nanoseconds" behind according to Jensen Huang. No one knows who will ultimately win or how often leadership might shift. China's regulatory environment and lower energy costs provide meaningful advantages for Chinese AI innovators. Investors seeking growth in AI should consider expanding beyond U.S. names to reduce concentration risk. Three Chinese internet stocks are highlighted as worth owning given attractive valuations and the potential for China to close the AI gap. Alibaba is noted as a discounted AI innovator with geopolitical risks to weigh against valuation benefits.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]