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Investors turn to smaller Asian AI stocks as tech giants stumble
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Bitcoin Ethereum NewsInvestors turn to smaller Asian AI stocks as tech giants stumble
Money managers are searching for the next big winners in Asia’s technology sector as concerns about overvalued stocks and changing market conditions force a rethink of AI investments. The stock boom triggered by ChatGPT’s debut is now in its fourth year, but major players like Taiwan Semiconductor Manufacturing Co. and SK Hynix Inc. are losing steam. Investors are now eyeing smaller companies such as MediaTek Inc. and Zhongji Innolight Co. inste…
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