Artificial intelligence is no longer just reshaping the technology industry but also increasingly determining which Asian currencies outperform their regional peers, with countries tied to semiconductor manufacturing and AI supply chains emerging as some of the biggest beneficiaries.
In a research report cited by CNBC, Goldman Sachs said the region's foreign exchange market has effectively split into two camps. Economies benefiting from booming AI investment and chip exports, including South Korea, Taiwan, Singapore and Malaysia, have seen their currencies outperform nations more vulnerable to rising energy costs, such as Thailand, Indonesia and the Philippines.
