JPMorgan: Robotics and Autonomous Driving Could Be the Next Winners in AI

Odaily Planet Daily News: Raisah Rasid, a global market strategist at JPMorgan Asset Management, stated that companies related to robotics and autonomous driving could become the next wave of winners in AI trading. She pointed out, "The AI story is far from over, and mass adoption is accelerating, especially in the field of generative AI." She added that as AI winners expand beyond hyperscale companies, profit growth—particularly in the hardware sector—has been driving returns in major markets.

However, she noted that the triple-digit gains in South Korea's KOSPI index in the first half of the year are unlikely to be repeated in the second half, with growth set to moderate as companies may find it difficult to maintain strong pricing power in the hardware sector. (Jinshi)