Emerging market stock markets strengthen AI The upsurge boosts risk appetite
2026-08-12 19:44:03
According to CoinMeta, today's emerging market stock markets saw gains, with Asian chip stocks leading the rise. The impressive performance of artificial intelligence infrastructure companies has reignited market interest in tech stocks. The emerging market stock benchmark index rose by 1.1%, with Samsung Electronics, SK Hynix, and TSMC contributing the most. The emerging market currency benchmark index also rose by 0.1% due to the weakening of the US dollar against most major currencies. A team led by strategists from Citigroup Luis Costa pointed out in a report that US inflation data is "the factor traders are currently most concerned about," and that "the wave of financial reports from artificial intelligence companies continues to set the tone for risk appetite."
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Source:Jin10 Data
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