China Just Shocked The AI Race | Macro Mondays: July 20, 2026

Andreas Steno and Mikkel Rosenvold are back to examine the latest market topics, from how Kimi AI's breakthrough is reshaping the AI investment narrative to how escalations between the U.S. and Iran are reshaping energy markets. And what of Donald Trump's renewed accusations against China? Andreas and Mikkel get into it all.

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Let Monarch do your financial 'spring cleaning' for you! Use code REALVISION at Monarch.com to get your first year half off at just $50.🔥 Get 𝗙𝗥𝗘𝗘 𝗔𝗖𝗖𝗘𝗦𝗦 to Real Vision https://rvtv.io/3YOZZUe Timestamps:01:30 - Kimi AI Shock: Has China Taken the Lead?02:28 - Kimi K3 vs ChatGPT and Claude: What the Benchmarks Really Show05:30 - Why China’s AI Catch-Up Could Boost Hardware Demand08:22 - Software vs Semiconductors: Who Actually Loses From Cheaper AI?14:39 - Momentum Crash: What Triggered the Sell-Off in AI Stocks?16:43 - Iran War Escalates as the IRGC Rebuilds Its War Chest21:24 - How Long Can the US Withstand the Oil Supply Disruption?23:45 - Why Oil Is Unlikely to Break Above $100 Again28:06 - Semiconductors, AI Infrastructure, and the Next Portfolio Opportunities

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