01-July-2026
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Global AI wave revs up Asian factories, offsetting war-induced pain
01-Jul-2026

The global AI boom powered Asia's manufacturing sector in June, with brisk demand for technology-related goods offsetting the drag from the Iran war, private surveys showed on Wednesday, offering some relief for the region's export-reliant economies. Price pressures, however, remained elevated as supply shortages and shipping delays lengthened lead times, suggesting the energy shock tied to the Middle East conflict could intensify across the region in coming months.

News Source:- https://economictimes.indiatimes.com/news/international/business/global-ai-wave-revs-up-asian-factories-offsetting-war-induced-pain/articleshow/132105519.cms