China’s AI-led technology drive carries hidden risks

China’s computer chip exports surged 72.6 per cent in the first two months of the year, far outpacing broad export growth, as technological advances help the country tap into a demand boom fuelled by artificial intelligence (AI). Shipments of integrated circuits totalled US$43.3 billion, with volumes jumping 13.7 per cent to 52.5 billion units, according to customs data released on Tuesday. Overall exports rose by 21.8 per cent, the most in four years. Memory chip prices have surged worldwide...