0249 GMT - South Korea is expected to post softer but resilient 2Q growth, supported by robust chip exports fueled by the artificial intelligence boom. Gross domestic product likely grew 0.4% on quarter, slowing from the revised 1.8% expansion in 1Q, according to the median forecast from a WSJ poll of 15 economists. On an on-year basis, GDP growth likely remained solid, with a 3.4% expansion following 3.8% growth in 1Q, the poll shows. "With the AI-driven semiconductor boom rolling on, exports will again do the heavy lifting," Moody's Analytics says in a note. Citigroup has raised its 2Q and 2026 growth forecast, citing strong chip exports. The 2Q GDP data are due Thursday. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

July 20, 2026 22:49 ET (02:49 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.