Posted 4/7/2024, 5:04:00 PM
Investors Shift Focus beyond US for Next Wave of AI Winners
- Global investors are looking beyond the US for the next wave of AI winners, citing better value and more options.
- Goldman Sachs is looking to invest in AI supply chain component makers like cooling systems.
- JPMorgan favors electronics companies morphing into AI leaders.
- Morgan Stanley is targeting non-tech companies adopting AI to reshape business models.
- Emerging market AI stocks offer strong growth - analysts expect 61% earnings growth for EM tech versus 20% for US tech.