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: https://www.asiancenturystocks.com/ Follow Michael on X: https://x.com/MikeFritzell Follow Max on X: https://x.com/maxwiethe Follow Other People’s Money on: Apple Podcast https://bit.ly/4e7QJ1M Spotify https://bit.ly/3Yhaazi YouTube https://bit.ly/3C63VXR X https://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