Goldman Sachs Asia Chief Strategist Tim Moe advises investors to maintain exposure to high-profit growth equities, particularly in AI, power infrastructure, and defense. The report identifies significant upside in the memory supercycle and highlights Taiwan-based stocks as offering better value via PEG ratios.
Key Takeaways
- 1.Investors should continue to favor stocks with robust profit growth, specifically within the AI supply chain, power infrastructure, and defense.
- 2.The memory supercycle is not fully priced in, supported by a 24x forecasted growth in global token demand by 2030.
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Authors
Tim Moe
Securities
GSSZAIHWGSSZAISM
Themes
AI Memory SupercyclePEG Ratio Valuation
Regions
Asia PacificTaiwanJapanSouth Korea