UBS global wealth management strategists said in a report that the growth of the AI industry is expected to drive long-term returns in the stock market. However, they said investors need to adopt a diversified strategy for AI investment. “We are optimistic about semiconductor equipment, foundries, CPU-related computer infrastructure, and memory chips,” they said. These strategists also favor defensive sectors such as data center real estate investment trusts and payment networks.

UBS global wealth management strategists said in a report that the growth of the AI industry is expected to drive long-term returns in the stock market. However, they said investors need to adopt a diversified strategy for AI investment. “We are optimistic about semiconductor equipment, foundries, CPU-related computer infrastructure, and memory chips,” they said. These strategists also favor defensive sectors such as data center real estate investment trusts and payment networks.