According to brokerage China, Xing Ziqiang, China's chief economist at Morgan Stanley, recently shared his latest views at a media conference. Xing Ziqiang believes that recent fluctuations on the AI circuit have not worsened fundamentals; they are due to crowded transactions, weak financing from major manufacturers, and resonance in expectations of rising oil prices to raise interest rates. He believes that AI investment has entered a “half-time break,” and the logic is shifting from chasing the upstream of computing power chips to two new main lines of supporting AI applications and HALO resources.

According to brokerage China, Xing Ziqiang, China's chief economist at Morgan Stanley, recently shared his latest views at a media conference. Xing Ziqiang believes that recent fluctuations on the AI circuit have not worsened fundamentals; they are due to crowded transactions, weak financing from major manufacturers, and resonance in expectations of rising oil prices to raise interest rates. He believes that AI investment has entered a “half-time break,” and the logic is shifting from chasing the upstream of computing power chips to two new main lines of supporting AI applications and HALO resources.