INSUBCONTINENT EXCLUSIVE:
The Swiss financial giant UBS has adjusted its global equity list, reducing exposure to major tech companies and increasing allocations to
impactful innovation in human history, despite recent solid gains in the sector
enablement, intelligence, and application.UBS analysts identify strong tactical catalysts for the next 12 to 18 months
These include robust capital expenditure growth and improved monetization prospects
Conversely, UBS reduced weights for Apple, Alphabet, Amazon, Meta, and Oracle by 0.5 pp each
(Photo Internet reproduction)UBS prefers AI infrastructure companies with strong pricing power and competitive positioning
The bank also favors well-positioned platform and application beneficiaries for AI-related use cases
milestones like Netscape for the internet and Windows for personal computers
Semiconductor BetsLooking ahead, UBS projects that the AI market could reach annual trillion-dollar revenue levels over the next decade
significantly boost productivity
The report projects a substantial increase in real GDP per worker, driven by the adoption of generative AI
away from big tech reflects a nuanced approach to AI investment
