Asia's smaller AI firms are leading emerging market's bounce back this month

Srinivasan Sivabalan / Bloomberg08-21

The tech rally in emerging-market stocks is spreading across new companies as investors rotate beyond chipmaking heavyweights into smaller names poised to power data centres. (Aug 21): The tech rally ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2661294807?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-21 04:49","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2661294807","market":"sg","top_or_hot":-1,"title":"Asia's smaller AI firms are leading emerging market's bounce back this month","media":"Srinivasan Sivabalan / Bloomberg","content":"<div>\n<p>The tech rally in emerging-market stocks is spreading across new companies as investors rotate beyond chipmaking heavyweights into smaller names poised to power data centres. (Aug 21): The tech rally ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/emerging-markets/asias-smaller-ai-firms-are-leading-emerging-markets-bounce-back-month?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n","source":"edge_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Asia's smaller AI firms are leading emerging market's bounce back this month</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAsia's smaller AI firms are leading emerging market's bounce back this month\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-21 04:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.theedgesingapore.com/news/emerging-markets/asias-smaller-ai-firms-are-leading-emerging-markets-bounce-back-month?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS><strong>Srinivasan Sivabalan / Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The tech rally in emerging-market stocks is spreading across new companies as investors rotate beyond chipmaking heavyweights into smaller names poised to power data centres. (Aug 21): The tech rally ...</p>\n\n<a href=\"https://www.theedgesingapore.com/news/emerging-markets/asias-smaller-ai-firms-are-leading-emerging-markets-bounce-back-month?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EMXC","symbol_name":"iShares MSCI Emerging Markets ex China ETF","start_time":0,"source_url":"https://www.theedgesingapore.com/news/emerging-markets/asias-smaller-ai-firms-are-leading-emerging-markets-bounce-back-month?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","article_id":"2661294807","we_media_id":null,"thumbnails":[],"rights":{"source":"edge_highlight","url":"https://www.theedgesingapore.com/news/emerging-markets/asias-smaller-ai-firms-are-leading-emerging-markets-bounce-back-month?utm_source=Blog&utm_medium=RSS&utm_campaign=Tiger_Brokers_app_RSS","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2661294807","pubTimestamp":1787258986,"columns":[],"sourceInfo":{"source_id":"edge_highlight","name":"Edge"},"weMediaInfo":null,"summary":"The tech rally in emerging-market stocks is spreading across new companies as investors rotate beyond chipmaking heavyweights into smaller names poised to power data centres. ","collect":0,"end_time":0,"defaultTopTitle":"theedgesingapore.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"EMXC":"iShares MSCI Emerging Markets ex China ETF","BK4534":"瑞士信贷持仓","AIPO":"Defiance AI and Power Infrastructure ETF","CHAT":"ROUNDHILL GENERATIVE AI & TECHNOLOGY ETF","BK4581":"高盛持仓","EDZ":"新兴市场ETF-Direxion三倍做空","BK4504":"桥水持仓","BK4585":"ETF&股票定投概念","VTHR":"Vanguard Russell 3000 ETF","EDC":"三倍做多MSCI新兴市场ETF-Direxion","ARTY":"ISHARES FUTURE AI & TECH ETF","EEMO":"Invesco S&P Emerging Markets Momentum ETF","AGIX":"通用人工智能 ETF-AGIX","BK4588":"碎股","QTOC":"Innovator Growth Accelerated Plus ETF - October","EEM":"新兴市场ETF-iShares MSCI"},"translate_title":"亚洲小型人工智能公司本月引领新兴市场反弹","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EEMO":1.5,"EMXC":1.5,"EDZ":1.5,"EEM":1.5,"VTHR":1.5,"AGIX":1.5,"EDC":1.5,"AIPO":1.5,"CHAT":1.5,"QTOC":1.5,"ARTY":1.5},"content_text":"The tech rally in emerging-market stocks is spreading across new companies as investors rotate beyond chipmaking heavyweights into smaller names poised to power data centres. (Aug 21): The tech rally in emerging-market stocks is spreading across new companies as investors rotate beyond chipmaking heavyweights into smaller names poised to power data centres. \nKing Slide Works Co, Henan Shijia Photons Technology Co and EverProX Technologies Co are among the top performers in MSCI's Emerging Markets Index this month, notching gains of up to 90%. Together, they are helping rekindle enthusiasm in Asia's artificial intelligence (AI) narrative, which wobbled in June and July after a year-long US$17 trillion ($21.59 trillion) bull run. \nFor many investors, it's the next stage of the AI rally. Chipmakers such as Samsung Electronics Co, SK Hynix and Taiwan Semiconductor Manufacturing Co benefited from the initial phase of the buildout. Now the focus is shifting to so-called picks-and-shovels firms that supply server components, cooling equipment and high-speed optical connections. \n\"AI is a full-stack capital cycle and that thesis is being validated layer by layer,\" said Jitania Kandhari, who helps manage US$2 trillion at Morgan Stanley Investment Management in New York.\nUS hyperscalers have collectively committed almost US$2.4 trillion in AI infrastructure spending, and providers of items like cooling systems and power distribution units are well positioned to grab a slice of that, according to Kandhari. \nThey are \"sitting on order books that give them multi-year revenue visibility\", she said. \"The market is pricing that visibility.\"\n\nThe infrastructure firms are also eyeing opportunities from the AI boom in China as it develops its buildout aimed at laying the foundations for long-term growth.\nThe investment case for AI infrastructure stocks rests on the same dynamic that drove memory-chip makers' gains in the past year - shortages of the equipment and components needed to run AI systems, coupled with a limited pool of companies able to produce them. \n\"We see signs of broader leadership within the AI supply chain after a highly concentrated performance,\" said Nenad Dinic, a Zurich-based equity strategist at Bank Julius Baer. He expects emerging market performance in the second half of the year to be more evenly distributed across the AI supply chain.\nAsia takes all\nEven as investors broaden the set of AI companies they chase, they're all still largely located in China, Taiwan and South Korea. That means emerging-market equity investing is likely to remain a lopsided affair. \nAsia accounts for 82% of MSCI's emerging equity index by weight, leaving a mere 18% to eastern Europe, Middle East, Africa and Latin America. The rise of new AI infrastructure firms is likely to reinforce the dominance of these three countries, as well as the technology sector's weight in benchmarks. \nThat is posing more concentration risks. With so many big companies tied to AI, any macro shocks or a reduction in hyperscaler capex would likely spark an across-the-board sell-off. \n\"We would not describe second-tier AI companies as a hedge against weakness in the AI leaders,\" Dinic said. \"They ultimately depend on the same underlying AI capex and infrastructure cycle.\" \nUploaded by Chng Shear Lane","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.48.0","shortVersion":"4.48.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2661294807","isCrawlerRequest":true}