A Second Wave of AI Winners Gathers Force in Asia
MediaTek, IsuPetasys are surging as focus turns to cost, use of AI technology.
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As the stock rally unleashed by the launch of OpenAI’s ChatGPT enters its fourth year, leading Asian beneficiaries including Taiwan Semiconductor and SK Hynix are flagging.
So the hunt is on for new Asian equity winners from the AI trade, as a technological shift and bubble fears reshape the investment universe. Some of the lesser-known names investors are turning up include MediaTek and IsuPetasys.