TSMC(US:TSM) Jin Shi Shu Ju·2025-06-24 06:28Group 1 - Morgan Stanley's latest report indicates that Asian tech stocks are expected to rise by 15%-20% this year, primarily driven by strong momentum in the artificial intelligence (AI) sector [1] - The report emphasizes that AI will continue to dominate the current growth cycle, with data center capital expenditure expansion in 2025 and growth certainty in 2026 reinforcing this trend [1] - The demand for automation and generative technologies in the region is a strong support for the rapid rise of AI concept stocks, which are becoming the core engine of the Asian stock market [1] Group 2 - The Bloomberg Asia Pacific Semiconductor Index has risen over 12% this year, significantly outperforming regional stock indices [1] - Major tech companies like Microsoft and Google maintain strong demand for AI memory chips, which is expected to further enhance industry prosperity [1] - Morgan Stanley recommends leading chip companies such as TSMC, SK Hynix, Advantest, and Delta Electronics, predicting that these stocks will continue to gain momentum over the next 12 months due to strong demand and upward revisions in profit expectations [1] Group 3 - The A-share market opened higher, with all three major indices rising over 1%, and the Shanghai Composite Index returning to 3400 points after a week [2] - The decrease in geopolitical risk premium is expected to benefit all emerging market currencies, particularly those in Asia that rely heavily on energy imports, as falling oil prices improve trade conditions [2] - The announcement of a ceasefire led to significant fluctuations in the oil market, with WTI crude oil futures dropping over 5% following the statement [2]