Washington is reportedly mulling new export controls on microprocessors used for artificial intelligence Shares in Chinese companies focused on artificial intelligence (AI) saw a decline on Wednesday after a media report alleged that US authorities were contemplating new export controls on microchips to the country. China’s CSI artificial intelligence index slid 3% on the news. The Shenzhen-traded shares of Inspur Electronic Information Industry lost 10%, while Chengdu Information Technology fell nearly 8%. Meanwhile, Hong Kong-listed shares in retail giant Alibaba, which recently launched its own version of the p
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