Lazard Asset Management, the manager of a $9.6 billion fund, took advantage of Samsung Electronics' sharp decline in July to include the stock in its portfolio for the first time in more than a year. Monika Shrestha, co-manager of Lazard's emerging markets equity portfolio, is betting that the upward cycle of memory chips that drove Samsung to record huge profits will continue into 2028. According to the data, the fund she managed outperformed 93% of her peers in the past month and 98% of her peers in the past five years. In an interview, Shrestha said that the recent fall in Samsung's stock price is “an attractive buying opportunity.” Although overcrowding and sharp fluctuations in transactions have frightened AI-themed investors, she expects the overall narrative of large tech companies' spending driving strong growth in chip sales to remain the same.

Lazard Asset Management, the manager of a $9.6 billion fund, took advantage of Samsung Electronics' sharp decline in July to include the stock in its portfolio for the first time in more than a year. Monika Shrestha, co-manager of Lazard's emerging markets equity portfolio, is betting that the upward cycle of memory chips that drove Samsung to record huge profits will continue into 2028. According to the data, the fund she managed outperformed 93% of her peers in the past month and 98% of her peers in the past five years. In an interview, Shrestha said that the recent fall in Samsung's stock price is “an attractive buying opportunity.” Although overcrowding and sharp fluctuations in transactions have frightened AI-themed investors, she expects the overall narrative of large tech companies' spending driving strong growth in chip sales to remain the same.