Dina Ting says stretched U.S. valuations are boosting the case for international diversification, highlighting Taiwan and Japan as key beneficiaries of ongoing A.I. spending. She points to FLTW ETF for semiconductor exposure and FLJP ETF as Japan re‑rates toward a more shareholder‑friendly market. Ting adds that A.I. capex remains essential as earnings approach for Alphabet (GOOGL), Meta Platforms (META), Microsoft (MSFT) and Amazon (AMZN), even as competition around Nvidia (NVDA) grows.