Investing.com — Investors are increasingly turning to Asian technology suppliers and infrastructure companies as potential beneficiaries of the next phase of artificial intelligence spending, Bloomberg reported on Sunday.
The shift comes as major AI companies, including SpaceX, OpenAI, and Anthropic, prepare large capital raises that could fuel another wave of investment in data centers, computing infrastructure, and related technologies.
According to the report, the three companies could collectively raise tens of billions of dollars, adding to more than $750 billion already committed by major technology firms to AI-related capital expenditures.
While Asian chipmakers such as Taiwan Semiconductor Manufacturing, Samsung Electronics, and SK Hynix have been among the biggest beneficiaries of the AI boom, some investors are now seeking opportunities further down the supply chain.
Market participants cited concerns that valuations of leading semiconductor stocks have become stretched following strong gains driven by demand for AI chips and data-center equipment.
Instead, attention is shifting to companies that produce electronic components, advanced packaging materials, cooling systems, power equipment, and server-related products.
Samsung Electro-Mechanics and Japan’s Ibiden were identified among companies that have benefited from growing investor interest in suppliers tied to AI infrastructure.
Link: https://ca.finance.yahoo.com/news/investors-look-beyond-chipmakers-next-012012167.html