The race for the most powerful artificial intelligence in the technology sector isn’t just reserved for companies within the United States. As the technology becomes more commercialized, other countries and their leading businesses are starting to catch up, with the top handful of chipmakers and artificial intelligence engines now available worldwide. However, the fact that some of these companies are overseas will keep most investors at bay (for the wrong reasons).
Warren Buffett has coined the saying “Be greedy when others are fearful, and fearful when others are greedy”, meaning when investors can spot fear in any corner of the market, they should start to take action as soon as possible and hoard some positions for themselves. It is undeniable that the biggest fear—whether rational or exaggerated—for the market is now in Chinese stocks, but there are some reasons to look beyond those concerns.
