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UBS: Mining Stocks Are Currently Undervalued and Could Reap Rewards from the Boom in AI Investments
14 hour ago /
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Author：小编
On September 22, UBS strategists Gerry Fowler and Sutanya Chedda highlighted that the market has overlooked the significant advantages that European mining companies stand to gain from the expansion of artificial intelligence (AI) infrastructure. Through their analysis, they found that basic material companies—which supply the essential equipment and metals required for AI infrastructure—have exhibited robust buy signals. Taking Anglo American, a prominent copper and iron ore miner, as a case in point, they underscored the pivotal role of the mining sector in driving industrial capacity expansion. Consequently, the two strategists have elevated the mining sector to the status of a preferred industry.
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