US faces risk of 'massive capital destruction' as Chinese AI models challenge hyperscalers: Jefferies

Source: BusinessLine· ANI· July 28, 2026
US faces risk of 'massive capital destruction' as Chinese AI models challenge hyperscalers: Jefferies

The brokerage said investors are beginning to question whether the hundreds of billions of dollars being spent on AI infrastructure by major US technology companies will generate adequate returns, particularly as cheaper Chinese large language models gain mar…

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