May 31, 2026
✦Economic Times
SpaceX, OpenAI windfall fuels bets on next-wave Asian AI winners
Investors are looking to Asia for new AI winners, expecting big tech companies like SpaceX and OpenAI to raise lots of money. They think this will boost spending on things like server parts and equipment in Asia, potentially starting another big rally for their stock markets. One expert said, "AI IPOs could further fuel the capex boom."