✉news TechnologySemiconductors first seen 8 h ago, last 32 min ago, peak #15
Ares CEO Says Firm Is Avoiding AI Chip Investments
Original: Ares CEO Says It’s Avoiding Backing AI Chips, Citing Complexity
The chief executive of alternative asset manager Ares Management said the firm is steering clear of investments in AI chips, citing the complexity of the sector. The comments come as private credit and private equity investors weigh how much exposure to take to the artificial intelligence boom, with chipmaking seen as capital-intensive and technically difficult compared with other parts of the AI supply chain.
Why now: Investors are debating how to gain exposure to the AI boom and a major asset manager publicly passing on chips is notable.
Evidence
- Ares CEO Says It’s Avoiding Backing AI Chips, Citing Complexity · Bloomberg.com
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