Goldman Sachs: AI Capital Expenditure Boom Drives South Korea's Chip Cycle, Exceeding Expectations in Both Strength and Duration

Odaily reports that Goldman Sachs notes the AI capital expenditure boom has driven South Korea's chip cycle, exceeding expectations in both strength and duration. The massive surplus generated by AI will extend through the end of the year. Goldman Sachs expects South Korea's full-year exports to surpass $1 trillion, with the current account surplus rising to 15% of GDP. (Xinhua Finance)