Raisah Rasid said rapid adoption of generative AI is continuing, but warned the KOSPI’s triple-digit first-half gains are unlikely to be repeated as hardware pricing power may fade.
Robotics and autonomous-driving companies could emerge as the next beneficiaries of the artificial intelligence trade, according to JPMorgan Asset Management global market strategist Raisah Rasid. She said large-scale adoption of generative AI is accelerating, but added that the South Korea KOSPI index’s triple-digit gains in the first half are unlikely to be repeated in the second half because the hardware sector’s strong pricing power may prove difficult to sustain.