Global AI Trade Takes Stocks to Fresh Records | The Asia Trade 6/3/2026

Watch on YouTube ↗  |  June 03, 2026 at 05:32  |  1:35:02  |  Bloomberg Markets
Speakers
Sonal Desai — Editor, Bloomberg Opinion
Anthony Stevens — Bloomberg Market Producer
Florian Hettich — COO, Bizlink
Ted Shyy — Executive Vice President, Delta Electronics
Dan Ives — Managing Director, Wedbush Securities

Summary

The episode covers the AI-driven rally in global equities, with a focus on semiconductor supply chain, mega IPOs (SpaceX, Anthropic), rotation from Korea/Taiwan to Japan, and views on bonds and Bitcoin. Key themes include persistent AI investment demand, memory chip shortages, and geopolitical risks.

  • AI trade pushes stocks to fresh records; Jensen Huang's comments boost Marvell.
  • SK Hynix plans to double memory capacity by 2030 to address shortages.
  • SpaceX sets IPO terms at $135/share, targeting $75B raise.
  • Funds rotate from Korea/Taiwan to Japan seeking broader market exposure.
  • Sonal Desai recommends Japanese government bonds for dollar-based investors.
  • Anthony Stevens warns Bitcoin could fail due to competition from AI stocks.
  • Delta Electronics sees opportunity in microgrids for AI power needs.
  • Bizlink reports 30% revenue growth amid strong data center demand.
Trade Ideas
Ted Shyy Executive Vice President, Delta Electronics 20:09
Delta Electronics benefits from AI power infrastructure.
Electricity is a key constraint for AI expansion, and new U.S. rules promoting microgrids create a fresh business opportunity for Delta Electronics. The company's order book continues into next year, with most business coming from the U.S., positioning Delta well to benefit from AI power infrastructure demand.
2308.TW MED
Sonal Desai Editor, Bloomberg Opinion 55:44
Japanese JGBs attractive for dollar-based investors.
Japanese government bonds offer an attractive all-in return of around 7% for dollar-based investors on the 30-year part of the curve, with slightly less on the 15-year. As the BOJ provides more clarity, this will become even more interesting. She sees a meaningful pickup over US Treasuries on a hedged basis.
JGBUX HIGH
Anthony Stevens Bloomberg Market Producer 61:05
Bitcoin under pressure from AI stock competition.
Bitcoin is under pressure from competition with AI stocks for retail capital. Momentum is bearish, breaking below 70,000 with next support at 60,000. The 'momentum competition' is crushing Bitcoin, and a sustained recovery is unlikely given the strong equity markets.
BTC MED
Florian Hettich COO, Bizlink 79:22
Bizlink seeing strong demand for data center solutions.
Bizlink is experiencing strong demand for its data center interconnect solutions, with 30% revenue growth in the first four months, an order book exceeding deliveries, and visibility for the remainder of the year and into next year. This indicates a robust business outlook and likely continued stock price appreciation.
BZTLF MED
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This Bloomberg Markets video, published June 03, 2026, features Ted Shyy, Sonal Desai, Anthony Stevens, Florian Hettich discussing 2308.TW, JGBUX, BTC, BZTLF. 4 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Ted Shyy, Sonal Desai, Anthony Stevens, Florian Hettich  · Tickers: 2308.TW, JGBUX, BTC, BZTLF