Christopher Wood has cut select Indian equities to increase exposure to South Korean chipmakers like SK Hynix and Samsung Electronics, betting on the AI-driven capex cycle. He views memory stocks as core beneficiaries, citing strong demand, attractive valuations and structural shifts, while warning that malinvestment risks could eventually disrupt the AI trade.
Chris Wood has reduced his allocation to select Indian equities. He is reallocating capital into South Korean chipmakers like SK Hynix and Samsung Electronics, anticipating an AI-driven capital expenditure boom. Wood sees memory stocks as prime beneficiaries due to strong demand…
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