Tech outperforms traditional sectors as China’s uneven recovery set to fuel AI stock revival

China’s uneven economic recovery to drive investors back to AI stocks: analysts

China’s K-shaped economic recovery is likely to keep investors betting on artificial-intelligence stocks, as the latest data indicates the tech sector remains a key driver for growth while consumption and property continue to act as drags, according to analysts. Manufacturing output for industrial robots, electric vehicles and semiconductors each grew at least 20 per cent year on year in July, defying a weakness in the broader economy, according…

Tech outperforms traditional sectors as China’s uneven recovery set to fuel AI stock revival

China’s K-shaped economic recovery is likely to keep investors betting on artificial-intelligence stocks, as the latest data indicates the tech sector remains a key driver for growth while consumption and property continue to act as drags, according to analysts. Manufacturing output for industrial…