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AI stock opportunities lie in ‘battleground’ sectors, not ‘titans’, BofA Securities says (www.scmp.com)

submitted 2 months ago by rss@news.abolish.capital to c/china@news.abolish.capital

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Global investors should shift their focus from Asia’s dominant AI hardware “titans” to a growing group of mid-cap “battleground” sectors that offer stronger growth potential amid intensifying competition, according to BofA Securities. In a report, analysts from the Bank of America investment banking arm mapped more than 330 Asian stocks across 22 subsectors in the artificial intelligence technology layer – representing market capitalisation of nearly US$6 trillion. The most compelling...

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