AI DEMAND BUOYS OUTLOOK
The global AI boom remains an important pillar of Asia’s economic outlook, with the region well placed to benefit as much of the semiconductor production needed to supply AI demand is concentrated there.
South Korea and Taiwan are major producers of high-end chips, while economies including Malaysia, the Philippines and Thailand are linked to semiconductor supply chains and are attracting more AI-related investment.
While concerns are growing over how long the current pace of investment can be sustained, ADB chief economist Albert Park said the latest data suggests momentum in AI activity remains strong.
“There’re lots of…
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