Hedge funds invest in South Korean chipmakers SK Hynix and Samsung Electronics for AI market exposure.
Hedge funds are investing in South Korean chipmakers like SK Hynix and Samsung Electronics, betting on a new wave of demand for high-end memory chips and government spending, to gain exposure to the AI market. This comes after the AI frenzy over the past year that trebled the value of US-listed Nvidia's shares to over $3 trillion left behind stocks like Hynix relative to more popular Asian AI plays.
July 11, 2024
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