Svmuu News JPMorgan Chase Raisah Rasid, Global Market Strategist for Asset Management, said that companies involved in robotics and autonomous driving could be the next wave of winners in the AI sector. She noted, “The AI story is far from over, and widespread adoption is accelerating, particularly in the field of generative AI.”She added that as AI-related winners expand beyond hyperscale companies, earnings growth—particularly in the hardware sector—has been driving returns in major markets.
However, she noted that the triple-digit gains seen by South Korea’s KOSPI index in the first half of the year are unlikely to be repeated in the second half, as growth is expected to moderate due to companies’ potential difficulty in maintaining strong pricing power in the hardware sector. (Jinshi)