Bloomberg: Asia's emerging market small-cap AI companies led gains this month, as investors shifted from chip giants to data center-related small-caps, with some surging as much as 90%.
Bloomberg reported that the rally in emerging market technology stocks is spreading to new companies, as investors shift their focus from chip manufacturing giants to smaller firms powering data centers. Among them, companies such as King Slide Works Co., Henan Shijia Photons Technology Co., and EverProX Technologies Co. have been prominent performers in the MSCI Emerging Markets Index this month, with gains of up to 90%.
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