Investors Turn to Asian Chipmakers as AI Leaders amid U.S. Slowdown
• Investors are looking to emerging markets for better AI investment opportunities beyond the U.S.
• Asian AI giants like TSMC and SK Hynix offer better valuations and faster earnings growth than U.S. counterparts.
• Taiwanese and South Korean chipmakers are leading the AI stock rebound in emerging markets.
• Investor interest is expanding beyond semiconductor companies to other businesses adopting AI like Reliance and FPT Corp.
• Risks remain that an AI downturn could spread globally and other sectors may start to outperform.