AI dominates Trump-Xi agenda as investors eye pick-and-shovel tech stocks

As Donald Trump and Xi Jinping prepare to meet, artificial intelligence has emerged not merely as a technological frontier but as the defining terrain of great-power rivalry — a domain where national security, economic ambition, and mutual suspicion converge. The two leaders carry into their talks decades of accumulated distrust and competing visions of technological sovereignty, with AI serving simultaneously as the source of tension and the object of desire. Whether this encounter produces a framework for managed competition or simply hardens the lines already drawn, the outcome will reverbe