---
title: "AI boom powers Asia ETFs, Michigan jackpot, Alphabet yen bonds"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286031266.md"
description: "Asia ETFs, particularly those linked to AI in Taiwan and South Korea, have surged by up to 239% over the past year, significantly outperforming U.S. benchmarks. The University of Michigan's $20 million investment in OpenAI is projected to yield $2 billion, marking a substantial gain for public endowments. Additionally, Alphabet is set to conduct its first yen bond sale to finance extensive AI infrastructure investments, contributing to a $700 billion industry expenditure."
datetime: "2026-05-12T03:53:18.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286031266.md)
  - [en](https://longbridge.com/en/news/286031266.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286031266.md)
---

# AI boom powers Asia ETFs, Michigan jackpot, Alphabet yen bonds

Asia ETFs outperform: Taiwan and South Korea’s AI-linked ETFs have soared up to 239% in a year, far outpacing U.S. benchmarks like SPY and QQQ. Michigan's AI windfall: The University of Michigan’s $20 million early investment in OpenAI could yield $2 billion, one of the largest public endowment gains. Alphabet taps yen bonds: Alphabet plans its first Japanese yen bond sale to help fund massive AI infrastructure investments, part of a $700 billion industry spend.

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