ASX:APXIT
Can Appen’s Rising Dependence on China Offset U.S. AI Pressures for ASX:APX?
Appen recently reported that while its China business delivered strong third-quarter earnings, ongoing challenges in the U.S. AI market weighed on performance, leaving quarterly revenue only marginally higher and EBITDA flat compared to the prior period.
This highlights the company's growing dependence on the Chinese AI sector, even as volatility in its core U.S. market presents risks to overall business stability.
We'll explore how ongoing U.S. market difficulties could reshape the outlook...