Bloomberg Daybreak: Asia Edition AI Concerns Resurface, US-Taiwan Trade Pact
7 snips
Feb 13, 2026 Julia Wong, North Asia CIO at Nomura Wealth Management, offers macro and market strategy for the region. She discusses investor worries that AI may both disrupt sectors too fast and monetize slowly. She contrasts China’s steadier AI rollout with industrial gains and highlights Japan’s pro-growth stance, policy divergence across central banks, and FX/rates as diversification tools.
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Asia Gains From Upstream AI Exposure
- Asia benefits from upstream AI exposure even as U.S. downstream sectors face disruption.
- Memory makers and chip suppliers in Korea and Taiwan are positioned to gain from AI-driven CAPEX.
Memory Crunch Splits Winners And Losers
- A memory price hike creates a split: chip users suffer while memory makers and smaller suppliers rally.
- Equipment demand remains healthy, supporting CAPEX and fabs like TSMC despite margin pressures for device makers.
Lunar New Year Spurs AI Promo Wars
- Lunar New Year fuels short-term consumer rotation into retail, restaurants and travel despite weak overall demand.
- Chinese internet firms pursue aggressive subsidy campaigns to onboard users to AI apps during the holiday.