23-April-2026
Economy News
 
South Korea's Q1 GDP Growth Roars Past Market on Booming AI-Driven Chip Demand
23-Apr-2026

South Korea's economy delivered its fastest growth ?in ?nearly six years last quarter, smashing forecasts ?as booming chip exports rode a global surge in AI investment, though rising risks from the Middle ?East war threaten to cut into the record earnings. Gross domestic product expanded 1.7% in the January-March quarter from the prior three months, the Bank of ?Korea said, blowing through the median Reuters ?poll estimate of 1.0% by a wide margin.

News Source:- https://money.usnews.com/investing/news/articles/2026-04-22/south-korea-economic-growth-roared-past-estimates-in-q1-thanks-to-chips