A post by @FirstSquawk on X.
KDI Says AI Investment Continues to Support ‘Solid’ Growth in South Korea
@FirstSquawk on X
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South Korea’s state-run Korea Development Institute said continued AI-related investment is underpinning “solid” growth in the economy, according to a First Squawk post on X. The assessment points to sustained capital spending on artificial intelligence as a key support for activity even as other parts of the economy face headwinds. No specific growth figures, investment totals or market levels were cited in the headline. The takeaway is that AI capex remains a durable growth driver for South Korea, a major producer of memory chips and AI hardware. Watch next for KDI’s fuller outlook and any revisions to GDP or export forecasts that quantify the AI contribution.
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KDI, South Korea