AI trade splinters as investors get more selective

By Lucy Raitano LONDON, Feb 6 (Reuters) - The global AI trade is starting to fracture as soaring capex, rising debt loads and doubts over who will profit from the technology force investors to draw sharper lines. Markets are now splitting across stocks, sectors and even regions. When ChatGPT launched ​in November 2022, anything linked to the artificial intelligence theme surged - from chipmakers and software firms to raw-materials suppliers and even companies most exposed to ‌AI disruption. That lifte ...