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For much of North Asia, surging chip exports have overwhelmed the drag from higher energy prices stemming from the Iran war
Published Thu, May 21, 2026 · 02:21 PM
[HONG KONG] The windfall earned by Asian chip makers is coursing through the world economy, mirroring on a global scale the circular flow of money within the artificial intelligence ecosystem.
The AI boom is generating unprecedented amounts of cash for the likes of South Korea and Taiwan, which in turn is creating a narrower version of the Asian savings glut that kept US borrowing…