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Sea Limited (NYSE:SE) is one of the 10 Fastest Growing Asian Stocks to Buy Now.

On June 11, 2026, Sea Limited's (NYSE:SE) Shopee is cutting hundreds of developer jobs globally, Bloomberg's Josh Xiao, Tao Zhang, and Olivia Poh reported. The reductions affect roles such as quality assurance and amount to about 8% of Shopee's developer workforce. The report said the move comes amid debate about the impact of artificial intelligence on jobs and discussions around possible "AI-washing" after major layoffs at other companies.

Last month, JPMorgan analyst Ranjan Sharma lowered the firm's price target on Sea Limited (NYSE:SE) to $163 from $168 previously and kept an Overweight rating on the shares.

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Also in May, Barclays raised its price target on Sea Limited (NYSE:SE) to $122 from $120 and kept an Overweight rating on the shares. Barclays said the company reported "robust" Q1 results across the board.

Sea Limited (NYSE:SE) operates as a technology company in Southeast Asia, Latin America, the rest of Asia, and internationally.

While we acknowledge the potential of SE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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