Money managers stand firm on AI stocks in Asia
Artificial intelligence stocks led the market rout that took place in late July and early August, but fund managers say there still are AI companies with structural growth potential, particularly in Asia. Some investors might associate AI stocks with big names such as Nvidia, Meta Platforms, Amazon.com and Tesla, but the AI universe also includes a slew of manufacturers that enable the technology, the managers said. “People bucket AI into one big thing, but we look at it as a part of it...
