The UBS Wealth Management Investment Director's Office mentioned in the “2026 Outlook” that strong capital expenditure trends and the acceleration of AI adoption are expected to further drive AI concept stocks to rise. Chen Minlan, chief investment director of UBS Wealth Management Asia Pacific and head of the Investment Director's Office, further stated, “The AI boom has different development paths in different regions. The US focuses on cutting-edge infrastructure and big models, while China focuses on algorithm efficiency, technological self-reliance, and industrial application. This means that potential beneficiaries in the technology supply chain may also vary from region to region.”

The UBS Wealth Management Investment Director's Office mentioned in the “2026 Outlook” that strong capital expenditure trends and the acceleration of AI adoption are expected to further drive AI concept stocks to rise. Chen Minlan, chief investment director of UBS Wealth Management Asia Pacific and head of the Investment Director's Office, further stated, “The AI boom has different development paths in different regions. The US focuses on cutting-edge infrastructure and big models, while China focuses on algorithm efficiency, technological self-reliance, and industrial application. This means that potential beneficiaries in the technology supply chain may also vary from region to region.”