Goldman Sachs: AI Capital Expenditure Boom Drives Korean Chip Cycle with Greater Strength and Longer Duration Than Expected

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