Rising artificial intelligence (AI) adoption, robust capex plans and emerging use cases are good news for Asia, where firms are innovating in AI, according to Eastspring Investments’ portfolio manager, Terence YT Lim.
“The high number of use cases for AI in Asia will drive broader AI adoption across the region and increase the demand for AI infrastructure and compute resources to support this growth,” he says.
“Businesses across Asia are adopting AI into their products and processes. For example, a leading Taiwanese semiconductor chip manufacturer is leveraging a cutting-edge AI computational lithography platform to enhance its production of photomasks, which are critical tools used to imprint circuitry onto chips. Recently, the company reported that for every one per cent productivity gain, it yielded cost savings of around US$338,000.”
