Asia Is Home to 'Picks and Shovels' of AI Supply Chain, JPMorgan's Shen Says

The video discusses the outlook for US equities and Asian markets, emphasizing the need for diversification within Asian equities. It highlights the strong AI theme and its impact on the Asian supply chain, particularly in Japan, Korea, and Taiwan. The video also identifies ASEAN markets as undervalued with significant investment opportunities, especially in sectors like data centers and financial services.

What is the main reason for the diversity in performance among Asian markets?

• Asian markets are solely dependent on Chinese equity.

• There is a mix of domestic-oriented and export-driven markets.

• Asian markets are influenced by US equities.

• All Asian markets are export-driven.

Which country is noted for its strength in semiconductor upstream materials and equipment?

• India

• China

• Japan

• Indonesia

What is the role of Taiwan in the AI sector according to the transcript?

• It is at the epicenter for AI, focusing on foundry and cooling systems.

• It is a major consumer of AI products.

• It is a leading exporter of AI services.

• It is primarily involved in AI software development.

Why is the ASEAN market considered a better value proposition?

• It has a higher forward P/E ratio than the Asian average.

• It is under-owned and misunderstood, with a lower valuation.

• It is heavily invested in by US equities.

• It has a declining current account balance.

What is a significant growth opportunity in Malaysia mentioned in the transcript?

• Automobile manufacturing

• Data center expansion

• Tourism industry

• Agricultural exports