China fund managers stick with AI, chips in August despite July sell-off, survey finds

Despite July’s sharp sell-off in global semiconductor shares, driven by concerns over AI-linked profitability, artificial intelligence and chips remained China’s most preferred investment themes in August, while more investors moved to hedge tech exposure, according to a survey by BofA Global Research. The findings com

Higher interest rates, a global slowdown, political instability and AI capex are just four things about which investors aren’t especially troubled in late summer.

Fund Managers Say Gold Is Undervalued, BofA Survey Says  WSJ