---
title: "The AI Trade Everyone Forgot"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294855717.md"
description: "The catch-up tradeChinese technology has spent much of the year lagging the powerful rally in U.S. MegaCap Tech. Yet improving AI fundamentals, accelerating model development and still-depressed valuations suggest the gap may be harder to justify than many investors assume.Green shoots"
datetime: "2026-08-04T17:56:43.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294855717.md)
  - [en](https://longbridge.com/en/news/294855717.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294855717.md)
generator: "portal-rs"
---

# The AI Trade Everyone Forgot

## **The catch-up trade**

Chinese technology has spent much of the year lagging the powerful rally in U.S. MegaCap Tech. Yet improving AI fundamentals, accelerating model development and still-depressed valuations suggest the gap may be harder to justify than many investors assume.

## **Green shoots**

### Related Stocks

- [XLK.US](https://longbridge.com/en/quote/XLK.US.md)
- [AIQ.US](https://longbridge.com/en/quote/AIQ.US.md)
- [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md)
- [SOXL.US](https://longbridge.com/en/quote/SOXL.US.md)
- [XDAT.US](https://longbridge.com/en/quote/XDAT.US.md)
- [MCHI.US](https://longbridge.com/en/quote/MCHI.US.md)
- [DTCR.US](https://longbridge.com/en/quote/DTCR.US.md)
- [XSW.US](https://longbridge.com/en/quote/XSW.US.md)
- [PSI.US](https://longbridge.com/en/quote/PSI.US.md)
- [KWEB.US](https://longbridge.com/en/quote/KWEB.US.md)
- [SMH.US](https://longbridge.com/en/quote/SMH.US.md)
- [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md)
- [ROM.US](https://longbridge.com/en/quote/ROM.US.md)
- [TECL.US](https://longbridge.com/en/quote/TECL.US.md)
- [REW.US](https://longbridge.com/en/quote/REW.US.md)
- [TECS.US](https://longbridge.com/en/quote/TECS.US.md)
- [CWEB.US](https://longbridge.com/en/quote/CWEB.US.md)
- [KLIP.US](https://longbridge.com/en/quote/KLIP.US.md)
- [USD.US](https://longbridge.com/en/quote/USD.US.md)
- [SSG.US](https://longbridge.com/en/quote/SSG.US.md)
- [SOXS.US](https://longbridge.com/en/quote/SOXS.US.md)
- [512720.CN](https://longbridge.com/en/quote/512720.CN.md)
- [159516.CN](https://longbridge.com/en/quote/159516.CN.md)
- [512480.CN](https://longbridge.com/en/quote/512480.CN.md)
- [159998.CN](https://longbridge.com/en/quote/159998.CN.md)

## Related News & Research

- [AMAT: Record revenue and EPS growth driven by AI demand, with strong outlook for continued expansion](https://longbridge.com/en/news/295839362.md)
- [Alibaba Gives Nvidia's Older AI Chips an Unexpected Vote of Confidence](https://longbridge.com/en/news/296532983.md)
- [Billionaire Ray Dalio says today's artificial intelligence (AI) market echoes 1929 and 2000. History says investors should watch valuations closely](https://longbridge.com/en/news/296141586.md)
- [The landlords of the AI boom are up 35% this year and their pricing power keeps climbing](https://longbridge.com/en/news/296003444.md)
- [LIVE MARKETS-BofA clients flock to tech stocks](https://longbridge.com/en/news/296383193.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**