G Sachs: AI Investment Boom Spillover to Asia; Taiwan, S Korea Biggest Regional Winners

G Sachs reports a rapid growth in AI investment, predicting US hyperscale cloud providers' capital expenditure on data centers to reach USD750 billion by 2026, with 60-70% allocated to AI hardware, primarily manufactured in Asia. Taiwan and South Korea are expected to benefit significantly, with Taiwan's tech exports contributing 4.5 ppts to GDP growth and South Korea seeing a 1 ppt boost. Despite challenges, strong tech exports will improve their current account positions. China, while a major electronics manufacturer, faces limitations in the global AI supply chain due to US policies, though it continues to invest in its domestic AI ecosystem.