AI Stocks To Stay Despite Recent Sell-Off, But Patience Is Key

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Aistocks,Marketselloff,Investmentstrategy

After a record sell-off in US stocks, investors are reassessing their strategies. Andrea Heng speaks with Garett Lim about how investors can navigate the current market and whether Asian markets offer opportunities.

Artificial intelligence stocks are here to stay but investors need to be patient and play the long game, says our guest.After another record sell-off in the US stock market in early September, should investors start looking at Asian markets and sectors outside of AI?

FILE - President and CEO of Nvidia Corporation Jensen Huang speaks at the Computex 2024 exhibition in Taipei, Taiwan, June 2, 2024. Investors are fleeing the Big Tech names that until recently had powered the U.S. market as U.S. stocks are set to open sharply lower Monday, Aug. 5, 2024. We have to talk about Nvidia. This is the AI darling, the crown jewel in tech today. And for awhile, all we ever heard was Nvidia this, Nvidia that, Nvidia the irreplaceable.

 

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Singapore stocks open flat on Friday as US stocks fall and Europe stocks gain51 stocks declined while 47 stocks recorded gains, with 34.3 million securities worth S$38.9 million traded.
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