-- For Asia investors concerned about artificial intelligence stocks looking overheated, one top fund manager suggests a surprising reason to keep buying them: dividends.Investors Spoiled for Choice With Top Ice Cream Makers for Sale
“When we look at the valuations of the Asian tech stocks that we own and we compare them to US tech stocks or even to history, they are really attractive,” Konrad said. The $2 billion Jupiter Asian Income strategy beat 97% of its peers over the past five years. “We don’t know which of the US tech giants are going to develop the killer app or the killer products or service,” he said. “It doesn’t matter because whoever it is, they will need to have the semiconductors manufactured by the company that we own. They will need to have their AI data servers managed, manufactured by the company that we own in Asia. They want to buy their memory from the company that we own.
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