1 in 4 Listed Chinese Companies Posts Losses as AI Boom Widens Economic Divide
AI news brief: China’s electronics sector H1 earnings are half AI boom, half slump — here’s the rundown. In the first half of this year, a quarter of listed Chinese companies posted losses, yet overall group net profit still grew by roughly 20%. This split mainly comes from chipmakers riding AI-related demand to sharp gains that lift the aggregate profit figures, while other non-AI-related sectors are sliding into decline and dragging down individual company performance. In other words, AI chip demand is…