Templeton Emerging Markets says big tech AI spending boosts Asian chipmakers

• Templeton Emerging Markets Investment Trust sees sustained AI spending by US cloud giants supporting Asian chipmakers despite third-quarter earnings misses.
• The cloud giants expect capital spending exceeding US$ 870 billion in 2026, rising to US$ 1.3 trillion in 2027.
• Asian chipmakers report output sold out through 2029; demand exceeding supply has enabled price increases.
• Analysts expect emerging-market third-quarter profits to rise 70% year over year, led by technology-heavy North Asian markets.
• Higher US interest rates could increase AI investment financing costs; a stronger dollar may add to emerging-market volatility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Templeton Emerging Markets Investment Trust plc published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.