Mark Mobius Advocates For Big Tech Investments In Emerging Markets: 'That's Where The Growth Will Be'

Veteran investor Mark Mobius has highlighted U.S. tech firms with ties to emerging markets as prime investment opportunities for the upcoming year.

What Happened: In an interview with CNBC, Mobius, chairman of the Mobius Emerging Opportunities Fund, emphasized the potential of companies leveraging technology to boost productivity.

Mobius pointed out that U.S.-based companies focusing on markets like China and India are strategically positioned for growth.

"I focus on those companies that are global in their scope, and producing and exporting and selling in these countries, because that's where the growth will be."

Mobius also mentioned the significance of companies involved in “accelerated information,” such as chip manufacturers, which are benefiting from rapid information processing capabilities.

His observations come amid an economic surge in semiconductor-producing emerging markets, with Taiwan leading in ...

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