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Christophe Barraud, head of discretionary management and research at LIOR Global Partners, highlights reports that Samsung and SK Hynix are preparing a significant push in artificial intelligence spending.
According to the information shared, both South Korean technology giants are planning to ramp up investments aimed at strengthening their positions in the fast-growing AI sector.
Barraud has recently drawn attention to other developments in financial markets. Earlier this week, he highlighted the growing focus on U.S. inflation data as prospects for a Federal Reserve rate hike increased. He also noted that Apollo’s private credit fund faced 17% redemption requests.