By Kane Wu and Saqib Iqbal Ahmed
HONG KONG/NEW YORK, July 13 (Reuters) - South Korean chipmaker SK Hynix may have had a rousing $26.5 billion U.S. share sale and market debut last week, but that owed much to its pivotal role in the AI supply chain and timing.
Other Asian tech firms are expected to take note and also look to tap foreign investors but they are likely to find appetite for AI-related companies more selective, investors say.
Current levels of investor exuberance over AI are going to be hard to maintain as fears grow about the sustainability of AI-driven stock rallies, while chip stocks also tend to be volatile due to the historical boom-and-bust cyclical nature of the industry.
"SK Hynix is a special case because it is large, liquid, AI-critical, and hard for many U.S. investors to own directly," said Ophir Gottlieb, CEO of Capital Market Laboratories.
HONG KONG/NEW YORK, July 13 (Reuters) - South Korean chipmaker SK Hynix may have had a rousing $26.5 billion U.S. share sale and market debut last week, but that owed much to its pivotal role in the AI supply chain and timing.
Other Asian tech firms are expected to take note and also look to tap foreign investors but they are likely to find appetite for AI-related companies more selective, investors say.
Current levels of investor exuberance over AI are going to be hard to maintain as fears grow about the sustainability of AI-driven stock rallies, while chip stocks also tend to be volatile due to the historical boom-and-bust cyclical nature of the industry.
"SK Hynix is a special case because it is large, liquid, AI-critical, and hard for many U.S. investors to own directly," said Ophir Gottlieb, CEO of Capital Market Laboratories.
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