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China shakes markets: Bitcoin and semiconductors drop after Kimi K3 launch

Moonshot AI's Kimi K3 model causes Bitcoin and semiconductor stocks to drop.

Published 8sem1 sourceImportantupdated 1sem
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The fact

China reignites AI competition, weighing on US tech valuations.

Investors fear a slowdown in chips and cryptocurrencies.

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Why it matters

La percée chinoise en IA menace la domination américaine dans les semi-conducteurs, un secteur clé pour les cryptomonnaies et la tech, avec des répercussions géopolitiques et économiques.

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