Goldman Sachs: AI capital expenditure boom is driving the Korean chip cycle with greater intensity and longer duration than expected

According to Goldman Sachs, the AI capital expenditure boom is driving the Korean chip cycle with greater strength and for a longer duration than anticipated. The substantial surplus generated by AI is expected to continue until the end of the year, with South Korea's annual exports projected to exceed $1 trillion, and the current account surplus as a share of GDP rising to 15%. (Xinhua Finance)