ChatGPT fervor is so hot that Chinese firms call for caution

Even warnings from regulators have failed to damp the ardor surrounding ChatGPT stocks. — Photo by Jonathan Kemper on Unsplash

The fast and furious rally in China’s ChatGPT shares looks set to fade as tech firms caution they’re nowhere close to turning a profit in this field.

Beijing Deep Glint Technology Co. stumbled as much as 10% Monday after the company said it doesn’t have the capability to offer ChatGPT-linked products. That may be a foretaste of what’s to come even as firms such as Cambricon Technologies Corp., CloudWalk Technology Co. and 360 Security Technology Inc. jumped over 5% to extend their recent gains.