Where investors may find the next 'big wave' for AI trade

Cnbc · 🇺🇸 public United States · Jun 05, 2026 · 251 words · By Josh Romero

AI Investment Strategy Financial Speculation Emerging Markets

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What to know about AI Investment Strategy

The next massive gains in artificial intelligence may come from thousands of miles away.

Claims checked 6

Techniques found 1

Topics 3

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center100%

Right0%

2 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

The next massive gains in artificial intelligence may come from thousands of miles away.

Why it matters

Tim Urbanowicz, chief investment strategist at Innovator from Goldman Sachs Asset Management, is urging investors to look beyond their backyards to the emerging markets.

Common ground

"[It's] where a lot of the big money can be made on the AI trade," he told CNBC's "ETF Edge" this week – calling it "the next big wave." Urbanowicz is particularly bullish on Taiwan and South Korea when it comes to the AI build-out.

Perspective signals

The tension in the story is sharpened by Loaded Language: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.

Follow-up questions

What new context would change how readers understand this AI Investment Strategy story?
What evidence would most clearly confirm or weaken the claim that the iShares MSCI South Korea ETF market has risen 109%, as of Thursday's U.S. close?
How does this story connect AI Investment Strategy with Financial Speculation over the next few days?

open_in_new Read the original article: https://www.cnbc.com/2026/06/05/where-investors-may-find-the-next-big-wave-for-a…

psychologyPropaganda Techniques Detected

eFinder identified 1 propaganda technique in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning

Loaded Language 70% confidence

Using words with strong emotional connotations to influence an audience.

Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.

Why it matters: Recognizing loaded language helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 6 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

info Single Source 4

check_circle Corroborated 2

info

Claim 1: “the iShares MSCI South Korea ETF market has risen 109%, as of Thursday's U.S. close”

SINGLE SOURCE

The specific figure of 109% as of 'Thursday's U.S. close' is mentioned in one CNBC source. Another source mentions 103% YTD, and another mentions a 169.60% move from a 52-week low, but they do not corroborate the specific 109% Thursday close figure.

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wikipedia NEUTRAL — On 3 December 2024, at 22:27 Korea Standard Time (KST), Yoon Suk Yeol, the then-president of South Korea, attempted a self-coup by declaring martial law during a televised address. In the address, he …
https://en.wikipedia.org/wiki/2024_South_Korean_martial_law_…

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wikipedia NEUTRAL — This is a table of notable American exchange-traded funds, or ETFs. As of 2020, the number of exchange-traded funds worldwide was over 7,600, representing about 7.74 trillion U.S. dollars in assets. T…
https://en.wikipedia.org/wiki/List_of_American_exchange-trad…

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wikipedia NEUTRAL — The MSCI EAFE Index is a stock market index that is designed to measure the equity market performance of developed markets outside of the U.S. & Canada. It is maintained by MSCI Inc., a provider of i…
https://en.wikipedia.org/wiki/MSCI_EAFE

+ 3 more evidence sources

info

Claim 2: “Urbanowicz highlighted the actively managed Goldman Sachs ActiveBeta Emerging Markets Equity ETF”

SINGLE SOURCE

The provided evidence includes general information about Goldman Sachs and a politician named Dan Goldman, but contains no mention of the 'Goldman Sachs ActiveBeta Emerging Markets Equity ETF' or Tim Urbanowicz highlighting it.

travel_explore

web search NEUTRAL — Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management, and wealth management. It is …
https://en.m.wikipedia.org/wiki/Goldman_Sachs

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web search NEUTRAL — Dan Goldman ... Daniel Sachs Goldman (born February 26, 1976) [1][2] is an American politician and lawyer serving as the U.S. representative for New York's 10th congressional district since 2023. He i…
https://en.m.wikipedia.org/wiki/Dan_Goldman

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web search NEUTRAL — Goldman Sachs & Co. LLC is registered with the Securities and Exchange Commission (“SEC”) as both a broker-dealer and an investment adviser and is a member of the Financial Industry Regulatory Authori…
https://www.goldman.com/service-redirector/v1/services/next

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Claim 3: “Both Taiwan- and South Korea-focused ETFs hold several AI memory-related chip names”

CORROBORATED

Web search results confirm that South Korean ETFs (like EWY) are driven by a semiconductor boom with key companies like Samsung and SK Hynix (AI memory chip leaders). While the evidence focuses heavily on South Korea, it is widely known that Taiwan ETFs (EWT) are dominated by TSMC, the primary AI chip manufacturer, corroborating the general claim that both hold AI memory-related chip names.

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wikipedia NEUTRAL — On 20 February 2020, stock markets across the world suddenly crashed after growing instability due to the COVID-19 pandemic. The crash ended on 7 April 2020. Beginning on 13 May 2019, the yield curve …
https://en.wikipedia.org/wiki/2020_stock_market_crash

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wikipedia NEUTRAL — An exchange-traded fund (ETF) is a type of investment fund that is also an exchange-traded product; i.e., it is bought and sold on stock exchanges. ETFs own financial assets such as stocks, bonds, cur…
https://en.wikipedia.org/wiki/Exchange-traded_fund

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web search NEUTRAL — South Korea's KOSPI index nearly doubled in 2026, driven by a semiconductor boom. Key companies like Samsung and SK Hynix lead the rally, but volatility and risks remain significant.
https://www.ibtimes.com.au/kospi-2026-surge-top-korean-stock…

+ 2 more evidence sources

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Claim 4: “the broad iShares MSCI Emerging Markets ETF, which is up 26% year to date as of Thursday's close”

SINGLE SOURCE

One web search result mentions the iShares MSCI Emerging Markets ETF (EEM) being up 28% YTD (close to the 26% claim), but other results discuss different timeframes or different ETFs (India). There is no second independent source confirming the specific 26% figure as of a 'Thursday close'.

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wikipedia NEUTRAL — An emerging market (EM, also an emerging country or an emerging economy) is a market that has some characteristics of a developed market, but does not fully meet its standards. This includes markets t…
https://en.wikipedia.org/wiki/Emerging_market

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wikipedia NEUTRAL — MSCI Inc. (formerly Morgan Stanley Capital International) is an American finance company headquartered in New York City. MSCI is a global provider of equity, fixed income, real estate indices, multi-a…
https://en.wikipedia.org/wiki/MSCI

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wikipedia NEUTRAL — The S&P 500 (Standard and Poor's 500) is a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States. It is one of the most commonly fol…
https://en.wikipedia.org/wiki/S&P_500

+ 3 more evidence sources

info

Claim 5: “Tim Urbanowicz, chief investment strategist at Innovator from Goldman Sachs Asset Management”

SINGLE SOURCE

The provided web search results for 'Tim Urbanowicz' returned irrelevant information about Tim Hortons and Tim Hardaway. No evidence was found to confirm or deny his role at Innovator or Goldman Sachs Asset Management.

travel_explore

web search NEUTRAL — The name was later abbreviated to "Tim Horton's" and then changed to "Tim Hortons" without the possessive apostrophe. Soon after Horton opened the store, he met Ron Joyce, a former police constable in…
https://en.m.wikipedia.org/wiki/Tim_Hortons

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web search NEUTRAL — Hardaway played in the National Basketball Association (NBA) for the Golden State Warriors, Miami Heat, Dallas Mavericks, Denver Nuggets and Indiana Pacers. He was a five-time NBA All-Star and a five-…
https://en.m.wikipedia.org/wiki/Tim_Hardaway

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web search NEUTRAL — Home of Canada's favourite coffee. Join Tims™ Rewards and start earning rewards today.
https://www.timhortons.com/

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Claim 6: “The iShares MSCI Taiwan ETF is up almost 67% so far this year”

CORROBORATED

Two independent web sources confirm the iShares MSCI Taiwan ETF is up approximately 67% year-to-date.

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wikipedia NEUTRAL — These are the lists of notable Taiwan exchange-traded funds, or ETFs.
https://en.wikipedia.org/wiki/List_of_Taiwan_exchange-traded…

+ 3 more evidence sources

info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.