Chip Rout Shocks London Markets as China Cracks ASML's Monopoly

A global chip rout sent shockwaves through London markets this week, with the FTSE battered by a dramatic Chinese challenge to Western dominance in AI hardware. The Kospi cratered 33% in a month, dragging sentiment worldwide, while Nvidia briefly lost its crown as the world's most valuable company. For UK investors, the turbulence is a stark reminder that the AI trade's fortunes are now inseparable from Beijing's industrial policy.

Trade Routes

• China:...