Is the AI spending boom finally running out of steam?
July 17, 2026
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6:56Now PlayingIs the AI spending boom finally running out of steam?
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as posted by the channelJapanese chip stocks lead a broad sell-off in Asian trading as investors question whether the AI spending cycle has peaked. China's Moonshot unveils what it calls the world's largest open-source AI model as President Xi Jinping hosts a global AI cooperation conference in Beijing. And Netflix shares fall after a second consecutive quarter of disappointing sales growth.
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