4 Country ETFs to Benefit From AI Boom
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
- Global Shift Towards Digitization and Cloud Adoption: The pandemic has accelerated the demand for data centers in emerging markets due to increased cloud adoption and digitization trends.
- AI Revolution and Data Center Growth: The ongoing AI boom is benefiting tech giants globally, while some country ETFs in the AI ecosystem are poised to gain from this revolution and the growth of data centers.
- Malaysia's Data Center Industry: Malaysia is emerging as a key player in Southeast Asia's data center industry, attracting investments from tech giants like Google, NVIDIA, and Microsoft.
- Taiwan's Technology Sector: Taiwan's economy is heavily influenced by its advanced technology sector, particularly in semiconductors, positioning itself as a connectivity hub in Asia.
- Japan and Singapore Data Centers: Japan and Singapore lead live data center capacity in Asia, with Japan's market rapidly expanding due to digitization, 5G deployment, and AI advancements.
Analyst Views on EWJ
Wall Street analysts forecast EWJ stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWJ is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 84.780
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Current: 84.780
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
