JPMorgan: Emerging markets offer investors a lower-cost way to invest in AI
According to Golden Ten Data on May 11, JPMorgan predicts that major US tech companies will invest up to $700 billion in capital expenditures by 2026, with most of the funds allocated to artificial intelligence infrastructure construction. Companies like NVIDIA rely on Asian suppliers for 90% of their hardware. Recently, estimates for AI capital expenditures for this year and next year have been continuously revised upward, a trend that benefits Asian-derived products within this expenditure. The capital expenditures on AI hardware by major US tech companies primarily benefit Asian tech enterprises, while the impact on the US GDP is relatively limited. JPMorgan emphasizes that profit growth in emerging markets is not only more attractive, but the valuation of this growth is also more reasonable. The price-to-earnings ratio for this asset class is relatively low, and compared to developed markets, it is at a historic low. In addition, investor holdings remain low while capital inflows are accelerating.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Apple (AAPL.US) nears a 5 trillion USD market capitalization, targeting Nvidia: the 1,999 USD foldable screen Duo becomes a critical battle.
Apple (AAPL.US) has unveiled its new iPhone, which could be the ticket for this consumer tech giant to reclaim its position as the most valuable company by market capitalization. The company is not far from reaching this goal.
Facebook and Instagram under Meta (META.US) experienced outages affecting thousands of users in the US last Sunday.
Thousands of users in the United States were unable to access Meta’s social platforms Facebook and Instagram last Sunday.
The Nasdaq 100 rebalancing will take effect before the U.S. stock market opens on Monday, SpaceX (SPCX.US) weight significantly rises to 2.82%.
The Nasdaq 100 Index quarterly rebalancing will take effect before the US stock market opens on September 21 (Monday). The main change is that SpaceX (SPCX.US) will see its index weighting significantly increase from about 1.28% to 2.82%.
WTI falls to near $93.50 as Middle East diplomacy hopes ease supply fears
