AI Concerns Resurface, US-Taiwan Trade Pact

The Daybreak Asia podcast examines the Asian equities market, focusing on the impact of AI and the memory chip market. Winnie Hsu explains that Asian markets are benefiting from the AI build-out, particularly in South Korea and Taiwan, due to their upstream positioning. The memory crunch is affecting various sectors, with Lenovo anticipating continued struggles with gross margins due to memory price hikes. Julia Wang discusses the divergence in markets and the potential for long-term growth in China Tech through automation and industrial robotics. The podcast also touches on the US-Taiwan trade agreement and the upcoming Lunar New Year holiday and its anticipated impact on consumer spending.