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Bank of Korea warns country's chip exports could fall by up to $100 billion if AI spending slows

SEOUL, Oct 27 (Reuters) - ⁠South Korea's semiconductor exports could fall by $50 billion ⁠to $100 billion compared with earlier forecasts if ‌capital spending on artificial intelligence by major US technology firms slows next year, according to central bank data.

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韩国央行警告称,如果人工智能支出放缓,该国芯片出口额可能下降高达1000亿美元。

The logo of the Bank of Korea is seen on the top of its building in Seoul, South Korea, March 8, 2016. Picture taken on March 8, 2016. REUTERS/Kim Hong-Ji

SEOUL, Oct 27 (Reuters) - ⁠South Korea's semiconductor exports could fall by $50 billion ⁠to $100 billion compared with earlier forecasts if ‌capital spending on artificial intelligence by major US technology firms slows next year, according to central bank data.

In a written response ​submitted to lawmaker Ahn Do-geol, the ⁠Bank of Korea (BOK) modelled ⁠a "pessimistic scenario" to assess the economic fallout if US ⁠tech ‌giants curb their aggressive infrastructure outlays.

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