Dossier
picks and shovels trade
Coverage of picks and shovels trade in the Nexus archive.
- ‘Picks and shovels’ trade comes unstuck as AI hardware stocks plunge on competitive threat from China
Asian stocks sold off sharply as reports indicate China can now manufacture DUV lithography machines. The 'picks and shovels' trade in AI hardware stocks has declined due to competitive threats from China's advancing technology.