Nvidia’s blowout quarter has analysts scurrying to re-evaluate the impact of artificial intelligence on revenue.
Analysts at JPMorgan put together this chart, showing the percentage of revenue likely to come from AI this year.
clearly leads, at up to 60%, but there are several in the 10% region: Broadcom
and Zhongji Innolight
The note, from JPMorgan analysts led by Gokul Hariharan, points out that direct AI related exposure is small for most Asian tech companies, but investors will start pricing in that potential. Its picks in Asia with higher exposure to AI are Unimicron
Taiwan Semiconductor Manufacturing
and Zhongji Innolight.
home to many of these companies, outperformed other Asian bourses on Thursday.
Related: Nvidia barrels toward rare $1 trillion valuation after putting a dollar figure on AI boost