AI Stocks in Asia Lure Back Global Funds as War Tensions Ease
Samsung Electronics Co. blew past expectations with an eightfold jump in quarterly profit this week, reinforcing the AI-driven demand boom.
Photographer: SeongJoon Cho/BloombergAs tensions in the Middle East begin to ease, global investors are turning their attention back to the artificial intelligence trade, funneling fresh funds into Asian tech stocks after weeks of selling.
Tech-heavy Taiwan and South Korea equities have received a combined $7.9 billion in net foreign buying this week, data compiled by Bloomberg show, snapping more than a month of outflows.