---
title: "Singapore’s AI boom is lifting GDP. Who gets carried along?"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296544068.md"
description: "SINGAPORE is doing what a small, open economy is supposed to do when the world enters an artificial intelligence investment boom: It is selling the picks and shovels.The first half-year numbers are impressive. The economy grew by 6.1 per cent year on year, with second-quarter growth reaching 5.9 per cent.The government has raised its full-year growth forecast to between 4.5 and 5.5 per cent, citing stronger-than-expected global AI capital expenditure."
datetime: "2026-08-20T23:02:47.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296544068.md)
  - [en](https://longbridge.com/en/news/296544068.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296544068.md)
generator: "portal-rs"
---

# Singapore’s AI boom is lifting GDP. Who gets carried along?

SINGAPORE is doing what a small, open economy is supposed to do when the world enters an artificial intelligence investment boom: It is selling the picks and shovels.

The first half-year numbers are impressive. The economy grew by 6.1 per cent year on year, with second-quarter growth reaching 5.9 per cent.

The government has raised its full-year growth forecast to between 4.5 and 5.5 per cent, citing stronger-than-expected global AI capital expenditure.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**