Asia’s wild AI frenzy stock swings ignite and destroy dreams of getting rich | Business
• Retail investors in Asia are experiencing extreme financial volatility driven by an "AI frenzy" and the rise of single-stock leveraged ETFs. • In South Korea and Taiwan, traders are aggressively betting on memory chip stocks to capitalize on the global AI-driven semiconductor shortage. • Experts warn that governments may have underestimated the risk appetite of retail traders, who have previously shown a tendency to overwhelm hedge funds in US stocks and cryptocurrency.
kten.com


