Goldman Sachs: AI Capital Expenditure Boom Drives South Korea's Chip Cycle with Greater Force and Longer Duration Than Expected

Odaily reports that Goldman Sachs has indicated that the AI capital expenditure boom is driving South Korea's chip cycle with greater force and a longer duration than anticipated. The substantial surplus generated by AI is expected to persist until the end of the year, with South Korea's annual exports projected to exceed $1 trillion. The current account surplus as a share of GDP is forecast to rise to 15%. (Xinhua Finance)