As the technology sector braces for a wave of initial public offerings (IPOs) from major AI companies like SpaceX, OpenAI, and Anthropic, investors are increasingly looking toward Asia for potential winners. The anticipated influx of $70 billion in AI-related spending is expected to fuel growth in the region's supply chain, particularly among manufacturers of electronic components and power supply equipment. Major chipmakers such as Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. have already benefited from the data-center buildout, but some investors are now cautious about high valuations and are diversifying their investments. Analysts highlight the importance of companies involved in server assembly and semiconductor materials, with firms like Hon Hai Precision Industry Co. and Quanta Computer Inc. emerging as attractive options. Additionally, the rising demand for power supply solutions, especially in light of increasing energy costs, presents further opportunities. However, experts warn that if AI demand does not meet spending expectations, the market could face excess infrastructure and declining valuations.