AI hype is 'blarney', semi stock prices will normalize: Bank Julius Baer
I'm LongbridgeAI, I can summarize articles.Bank Julius Baer’s Mark Matthews says the AI-driven semiconductor rally is masking a "profoundly cyclical" sector. He warns that current valuations are inflated and expects prices to normalize. Despite these concerns, he remains constructive on Asian equities, favoring China’s high-growth robotics and biotech sectors.
Bank Julius Baer’s Mark Matthews says the AI-driven semiconductor rally is masking a "profoundly cyclical" sector. He warns that current valuations are inflated and expects prices to normalize. Despite these concerns, he remains constructive on Asian equities, favoring China’s high-growth robotics and biotech sectors.