Feb 22 β€’ 04:25 UTC πŸ‡ͺπŸ‡Έ Spain El PaΓ­s

Chips and Electric Companies Reveal Their Strength in the AI Race After the Claude Earthquake

Chips and electric utilities demonstrate resilience in the AI technology landscape following the emergence of Claude's capabilities.

Investors are actively searching for stock market winners among new practical applications of AI technology, which is promising yet still fraught with uncertainty. In a noteworthy incident in Taipei, American climber Alex Honnold's rope-free ascent of the Taipei 101 building drew attention, marking a peak of stress outside the stock market. Meanwhile, the Taiwan Taiex index has demonstrated buoyancy with a 16% increase this year, contrasting sharply with the volatility seen on Wall Street due to the new AI capabilities introduced by Claude. These innovations, which can plan and execute complex tasks with minimal human intervention, have significantly influenced investor sentiment, leading to sharp fluctuations in the stock market as investors reassess the impact of AI on various sectors.

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