Washington – U.S. tech stocks fluctuated this morning as investors reacted to news about a popular Chinese low cost AI competitor.
The Computer & Communications Industry Association has advocated for innovation and policies that encourage growth in the tech sector since 1972.
The following can be attributed to CCIA President & CEO Matt Schruers:
“The recent market gyrations demonstrate how essential it is for the U.S. to get AI investment right. Investors are manifesting anxiety about what happens should the U.S. not remain a leader in this critical sector.”