Reading up on asia
2 deep · digging since jun 04
- A.I. Riches Fuel Economic Divide in Asia’s Chip Powerhouses
Rising AI demand boosts stock markets and exports in South Korea and Taiwan, but widens economic inequality by excluding most other sectors.
- The hottest stock market in the world has doubled this year. And Goldman Sachs sees another 40% gain from here. - MarketWatch
Goldman Sachs raised South Korea's Kospi index target to 12,000, forecasting another 40% gain driven by the semiconductor cycle that it says markets still underestimate.