Investors Optimistically Bet on AI Prospects, Emerging Market Stocks Climb to Record Highs

Glonghui, February 11｜Driven by Asian technology stocks, emerging market equities have climbed to record highs. Investors remain optimistic about the prospects of artificial intelligence and continue to pour funds into developing markets. The MSCI Emerging Markets Index rose as much as 0.8% on Wednesday, reaching 1,561.71 points, surpassing the previous intraday record set on January 29. Major stock indices from South Korea to Mexico and Brazil are also hovering near historic highs. This rally extends last year’s strong gains of over 30% in emerging market equities, with Asian markets such as Taiwan and South Korea standing out due to high demand for AI-related hardware, including semiconductors. Strategists at BlackRock Investment Institute believe there are investment opportunities in AI-related stocks within this asset class and expect that the global supply chain restructuring will benefit countries such as Mexico, Brazil, and Vietnam.