AI Rally Tested Even as Korea Surges Past India | Insight with Haslinda Amin 06/02/2026

Watch on YouTube ↗  |  June 02, 2026 at 07:21  |  46:31  |  Bloomberg Markets
Speakers
Anthony Stevens — Bloomberg Market Producer
Vikas Pershad — Portfolio Manager, M&G Investments
Vince — Senior Vice President, MediaTek
Linda Tsai — President of Intelligent Systems Sector, Advantech

Summary

The video covers South Korea overtaking India as the sixth-largest equity market driven by AI chip rally, but inflation concerns emerge. Guests discuss rotation from hardware to software, mispricings in healthcare, and opportunities in Mediatek's data center growth. A Steph Curry endorsement deal with Li-Ning is also highlighted.

  • South Korea becomes sixth largest equity market on AI chip surge.
  • Korea inflation shock pressures speculative tech stocks.
  • Anthony Stevens highlights rotation from hardware to software in Asia, favoring Indian IT.
  • Vikas Pershad reduces memory exposure, diversifies across supply chain.
  • Pershad sees mispricing in Asian healthcare sectors.
  • Mediatek executive bullish on data center revenue growth.
  • Advantech COO discusses agentic AI and edge computing.
  • Steph Curry signs endorsement deal with Li-Ning.
Trade Ideas
Anthony Stevens Bloomberg Market Producer 4:17
Long Indian IT services rotation.
Rotation from hardware to software is gaining traction in Asia, and Indian IT services have been underweight and are now catching up with strong ADR sessions, presenting a buying opportunity.
Indian IT services HIGH
Vikas Pershad Portfolio Manager, M&G Investments 5:15
Avoid memory overvaluation.
Valuations for conventional DRAM are stretched with assumptions that don't hold beyond 2027, and the recent inflation shock in Korea adds pressure, so reducing exposure to memory.
DRAM HIGH
Vikas Pershad Portfolio Manager, M&G Investments 17:20
Healthcare mispriced, buy Asian healthcare.
Healthcare is mispriced across Asia, including Indian services, Japanese pharma, with high cash flow and dividends, while AI stocks are overvalued.
IXJ MED
Vince Senior Vice President, MediaTek 25:38
MediaTek data center growth bullish.
MediaTek's data center business is growing from zero to $2 billion this year and will be a large part of the $70-80 billion addressable market, driving significant revenue growth.
TW HIGH
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This Bloomberg Markets video, published June 02, 2026, features Anthony Stevens, Vikas Pershad, Vince discussing Indian IT services, DRAM, IXJ, TW. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Anthony Stevens, Vikas Pershad, Vince  · Tickers: Indian IT services, DRAM, IXJ, TW