Asia Factory Growth Slows in Major Chip Exporters
Private surveys showed factory activity across Asia continued to expand in October, but growth slowed in major chip exporters. The data may signal waning momentum in the AI boom, the report said.
By Leika KiharaFactory activity across Asia continued to expand in October but growth slowed in major chip exporters, private surveys showed on Monday, suggesting the AI boom may be losing momentum as markets start to question the sector's profitability.The data points to growing strains on export…