Svmuu News: Emerging market stocks rose for a third consecutive trading day this week, with tech companies continuing their strong upward momentum, supported by optimism over rising demand for AI-related hardware and services. The benchmark MSCI Emerging Markets Index rose 0.7%, bringing its cumulative gains this month to over 7%. Notably, TSMC, Alibaba, and Samsung Electronics collectively accounted for 105% of the index's gains. This means that without the pull from these three stocks, the index would actually be in negative territory overall. Chipmakers have been leading the market rally since early April, with upward earnings revisions largely offsetting inflation concerns stemming from the Iran conflict. Although the information technology sector rose 1.4% on Thursday, sectors such as utilities, energy, and industrials declined, highlighting a clear divergence between Asian tech stocks and other emerging market industries. (Jinshi Data)