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UBS: Bullish on semiconductor equipment, foundries, and memory chips; the AI boom may boost long-term stock market returns
Svmuu News UBS Global wealth management strategists said in a report that they expect growth in the AI sector to drive long-term returns in the stock market. However, they noted that investors need to adopt a diversified strategy when investing in AI.“We are bullish on semiconductor equipment, foundries, CPU-related computer infrastructure, and memory chips,” they said. These strategists also favor defensive sectors such as data center real estate investment trusts (REITs) and payment networks. (Jin Shi)
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