Urbanowicz Touts Taiwan, South Korea ETFs for AI Gains as Emerging Markets Fund Rises 26%
Updated
Updated · CNBC · Jun 5
Urbanowicz Touts Taiwan, South Korea ETFs for AI Gains as Emerging Markets Fund Rises 26%
1 articles · Updated · CNBC · Jun 5
Summary
Taiwan and South Korea could deliver the next major AI-investment gains, Tim Urbanowicz said, arguing investors should look beyond the U.S. to emerging markets where valuations have lagged the domestic AI rally.
The case rests on chip exposure and pricing: both markets hold AI memory-related semiconductor names, and Urbanowicz said their valuations have not climbed as sharply as U.S. peers, leaving more runway for outsized returns.
Performance has already been strong. The iShares MSCI Taiwan ETF is up nearly 67% this year and the iShares MSCI South Korea ETF has surged 109%, while the broader iShares MSCI Emerging Markets ETF has gained 26%.
Urbanowicz also pointed to the actively managed Goldman Sachs ActiveBeta Emerging Markets Equity ETF as another route into AI-linked emerging-market exposure, while still saying the U.S. remains well positioned for AI success.