Tag: BRIDGEWATER

Ray Dalio Predicts China’s AI Strategy: Focus on Low-Cost Chips

Jan 30, 2025

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by

Maya Patel

in general invests

Billionaire investor Ray Dalio emphasizes that China will leverage low-cost manufacturing, focusing on “very inexpensive chips” to compete in AI. Following DeepSeek’s launch of a cheaper AI model, US tech stocks faltered, with Nvidia losing nearly $600 billion. Dalio warns investors about the risks of high valuations in AI firms, reminiscent of the dot-com bubble,…