华尔街AI恐慌成亚洲芯片股福音，全球资金转向上游“卖铲人”

Group 1 - The fear of AI-driven business disruption in Wall Street is turning into a boon for Asian stock markets, boosting demand for leading chip manufacturers in the region [1] - The MSCI Asia-Pacific Index has risen over 12% since 2026, contrasting sharply with the decline of U.S. benchmark indices, where the S&P 500 is down 0.2% and the Nasdaq 100 has dropped about 2% this year [1] - The shift in global capital preferences is moving from AI pioneers with heavy expenditures to hardware manufacturers with strong pricing power, many of which are located in Asia [1] Group 2 - Asia is home to many advanced chip manufacturers and semiconductor foundries crucial for AI infrastructure, which has contributed to its resilience during recent Wall Street downturns [5] - Samsung Electronics recently recorded its largest overseas buying, leading to a 6.4% increase in its stock price, while Taiwan stocks saw their third-highest weekly purchase volume [5] - The Nasdaq 100 index has dropped 4.6% over the past 10 trading days, with a market value loss exceeding $15 billion due to sell-offs in software stocks perceived to be at risk from new AI tools [5] Group 3 - TSMC holds nearly 45% weight in the Taiwan Weighted Index, three times its level a decade ago, while Samsung Electronics and SK Hynix together account for nearly 40% of the Korean Kospi index [6] - The "AI panic trading" has impacted U.S. real estate service stocks and insurance brokers significantly, but Asian markets have been less affected due to slower responses from local companies to advanced technologies [6] - The correlation between Asian and U.S. stock markets has dropped to 0.43, the lowest level since June 2022 [9] Group 4 - Indian tech service companies, including Infosys Ltd., have also seen declines during recent sell-offs, indicating that Asia is not entirely insulated from global turmoil [10] - However, due to the different roles local companies play in the AI ecosystem, cheaper valuations, and stronger earnings growth, Asian stock markets are expected to continue outperforming [10] - Investment firms are focusing on chip manufacturers like TSMC, viewing them as key players in the AI-driven market [10]