AI-fueled chip demand drives Taiwan and South Korea market surge
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AI-driven chip demand has led to record highs in Taiwan and South Korea's stock markets, significantly boosting exports and economic growth. Since March, emerging market equities and bonds have seen a sharp rebound, with investor optimism rising and spreads tightening to multi-year lows. However, risks such as rising oil prices, potential Federal Reserve rate changes, and inflation pressures could threaten this AI-fueled rally in emerging markets.
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