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Chris Wood warns of massive capital destruction in US as China challenges AI boom

The Times of India·July 24, 2026·1 min read

From the source

Jefferies strategist Chris Wood warns that the AI infrastructure boom could trigger massive capital destruction as cheaper Chinese open-source models challenge US dominance. With hyperscalers set to spend nearly $1.6 trillion over two years, investors are inc…

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View original at The Times of India

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