AI investors should focus on Asia, Saxo Markets says
Saxo Markets advises equity investors to focus on Asia for artificial intelligence (AI) opportunities, citing lower valuations compared to US tech firms. With 70% of global chipmaking and significant AI infrastructure in Taiwan, South Korea, and Japan, Asia is crucial to the AI ecosystem. Goldman Sachs also recommends diversifying investments beyond the US, predicting emerging markets will outperform with a 10.9% annual return, while US equities may only achieve 6.5%. Asia, excluding Japan, is expected to yield a 10.3% return, driven by strong earnings growth in China and India.
Taipei Times·