🔴 XIAO-I is trading 5.4% down today as AI stocks retreat after recent rally

XIAO-I is trading 5.4% down at $1.74 as profit-taking continues following a massive rally in AI-related names.

• The stock recently more than tripled in value after China’s Supreme People’s Court upheld key AI patents in an infringement case against Apple.
• Shares are facing renewed pressure as broader AI and semiconductor stocks retreat in a volatile market environment.