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Goldman Sees ‘AI-Driven Super Surplus’ Swelling in Korea, Taiwan

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South Korea and Taiwan’s artificial intelligence-fueled chip booms are set to swell both economies’ current-account surpluses to fresh records and pressure their central banks to raise interest rates later this year.

Summary

South Korea and Taiwan’s artificial intelligence-fueled chip booms are set to swell both economies’ current-account surpluses to fresh records and pressure their central banks to raise interest rates later this year.

Read full article at Bloomberg →

#South Korea #Taiwan