A chip report out of China erased $1 trillion in market value

The FCC banned Chinese humanoid robots as officials clash over open-weight models like Moonshot AI's Kimi K3 rivaling OpenAI.

China AI models — Peellden / CC BY-SA 3.0 (Wikimedia Commons)

A report this week that China has begun mass-producing specialty chips key to the AI boom set off a selloff that erased $1 trillion in market value from other chip manufacturers, according to the Guardian. The same week, the Federal Communications Commission banned humanoid robots from China, …