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Morgan Stanley: AI M&A Wave Presents "Full Spectrum" Development Trend

BlockBeats News, May 21st, Morgan Stanley's Global Head of Technology M&A, Wally Cheng, stated that as enterprises rush to fill the technology gap in areas such as chips, power, network, and infrastructure, M&A transactions in the field of artificial intelligence are covering various scales and expanding into multiple industries.


Cheng said, "I believe that the deal activity will cover the full spectrum, including private and public companies." Although semiconductor chips that provide computing power for AI are highly valued for their "technological marvel" attribute, the infrastructure around these chips also holds tremendous value, including areas such as network, storage, power, and real estate. Cheng pointed out that valuing the AI industry is still "very challenging" as it requires balancing between the "unicorn with imaginative possibilities and rainbow-colored prospects" and the risks of practical implementation.


Tammy Kiely, Senior Managing Director of Evercore's technology investment banking business, also expressed a similar view. She stated that potential acquirers must assess the potential value they can create while weighing the cost of missed opportunities.

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