Macquarie says now is best time to buy Chinese AI chip stocks. Here's its favorite
Macquarie has begun research coverage of five Chinese companies making chips for artificial intelligence applications, asserting that the timing is optimal for investing in China's AI semiconductor players.
The Atomic take
Macquarie's decision to initiate coverage on five domestic chipmakers suggests institutional money sees China's semiconductor self-sufficiency push as investable now, not years away. This reflects a bet that Beijing's export restrictions and Washington's curbs will keep pushing Chinese buyers toward local suppliers regardless of performance gaps. Watch for which specific company Macquarie named as its top pick and whether other major banks follow with similar coverage in the coming weeks.
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