The AI Chip Bubble: Why South Korea & Taiwan Are In the Danger Zone | Michael Fritzell | Asian Century Stocks

In this episode of Other People’s Money, host Max Wiethe sits down with Michael Fritzell, author of Asian Century Stocks, to break down the massive valuation divergence playing out across Asian equity markets. Michael explains why he believes the skyrocketing AI and memory chip sectors in South Korea and Taiwan have entered dangerous bubble territory, fueled by unsustainable profit estimates that ignore looming Chinese supply. Instead of chasing the tech hype, he highlights the massive upside hidden in overlooked South Korean small caps and Japanese growth stocks that are trading at single-digit multiples despite solid fundamentals. Tune in to discover how corporate governance reforms, insider buying trends, and a forming "New Cold War" are creating the ultimate stock-picker's market.

Read Asian Century Stocks: asiancenturystocks.com

Follow Michael on X: x.com/MikeFritzell

Follow Max on X: x.com/maxwiethe

Follow Other People’s Money on:

Apple Podcast bit.ly/4e7QJ1M

Spotify bit.ly/3Yhaazi

YouTube bit.ly/3C63VXR

X x.com/opmpod

Timestamps:

00:00 Korea Chip Bubble Warning

00:42 Why Asia Diverges Now

02:26 AI Mania Hits Korea

04:37 Bubble Case for Memory

06:40 China Supply Response

09:18 Memory Versus Logic Chips

11:33 Speculation on the Ground

13:41 Western Investors Pile In

15:44 Japan Reforms and Yen Boom

18:26 Korea Governance Fixes

24:20 Korea Small Cap Hunting

25:45 K Beauty and Cultural Exports

30:52 Finding Ideas Before The US

31:57 Nintendo Versus Memory Costs

33:19 Nintendo Release Drought

35:36 Switch 2 Execution Questions

37:39 Family Console vs Roblox

38:25 Iran War Energy Shock

41:50 India & China Underperformance

45:17 China Crackdowns Risk

50:42 The China Gray Zone Trade

54:25 New Cold War Lines

56:54 Hunting Value Across Asia

01:02:19 Reforms and Value Programs

01:04:06 How Much to Allocate to Asia

01:07:41 Where to Follow Michael