Investors Look to Emerging Markets as Next Big Winners in AI Boom
• Global investors are looking beyond the US for the next wave of AI winners in emerging markets
• Managers see better value and growth potential in EM AI stocks compared to expensive US peers
• Chipmakers like TSMC and SK Hynix have led the rally so far, but focus is widening to other sectors adopting AI
• Countries like Taiwan, South Korea, Saudi Arabia, India are fostering homegrown AI "national champions"
• Risks include EM vulnerability to US markets and rotation from AI stocks if rally broadens