TSMC, Alibaba, and Samsung drive the surge in emerging markets stocks

```htmlGolden Ten Data reported on May 14 that emerging market stocks have risen for a third consecutive trading day this week, as technology companies continue their strong momentum, supported by optimism regarding increased demand for artificial intelligence-related hardware and services. The benchmark MSCI Emerging Markets Index rose by 0.7%, with its cumulative monthly increase already exceeding 7%. Among these, stocks of TSMC, Alibaba, and Samsung Electronics collectively contributed 105% of the index's gains, which means that without the boost from these three stocks, the overall index would actually be in decline. Since early April, chip manufacturers have consistently led the market rebound, and upward revisions in corporate earnings have largely offset inflation concerns triggered by the conflict in Iran. Although the information technology sector rose by 1.4% on Thursday, sectors such as utilities, energy, and industrials declined, highlighting the clear divergence between Asian technology stocks and other emerging market industries.```