The story of RRP Semiconductor is cautionary tale for investors chasing AI stocks
The world’s best-performing stock is turning into a cautionary tale for investors chasing outsized returns from the AI boom.
RRP Semiconductor Ltd., which until recently was a little-known stock, has become a social-media obsession as its share price surged more than 55,000% in the 20 months through 17 December—by far the biggest gain worldwide among companies with a market capitalisation of more than $1 billion.
