Chinese artificial intelligence (AI) stocks are surging as a wave of ChatGPT hype fans investor enthusiasm toward competitors.
Some AI stocks jumped more than 10% Wednesday, and are in the midst of a rally that has seen others increase their market value by more than half.
Beijing Deep Glint Technology Co., a researcher of computer vision technology and big data analysis, surged more than 15% on the day, and is up more than 60% since the beginning of 2023.