Emerging markets are now an AI chip trade: Chart of the Day

Investors often buy emerging markets to get something different from the US stock market's biggest trades. That is getting harder.

South Korea and Taiwan ETF assets have climbed over those of China-focused funds, according to Strategas ETF Research. That shift moves the center of gravity in emerging-market ETFs toward two of the world's most important semiconductor markets.

China still matters. It just no longer owns the EM story the way it once did.

For years, emerging markets were often shorthand for China, commodities, currencies, and faster-growing consumer economies outside the US. Now, a growing slice of the trade runs through the AI supply chain, pulling EM investors into the same global chip cycle driving US tech.

How does AI chip cycle affect EM diversification?

How are semiconductor companies reshaping emerging market investments?

Why have South Korea and Taiwan ETFs surpassed China-focused funds?

What's the difference between EEM and VWO semiconductor exposure?

South Korea brings Samsung (005930.KS) and SK Hynix (000660.KS). Taiwan adds Taiwan Semiconductor Manufacturing (TSM). Together, they make a broad EM allocation look less like a clean break from the US tec

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/article/emerging-markets-are-now-an-ai-chip-trade-chart-of-the-day-115540648.html)