0639 GMT - Asia's AI exports are showing signs of cooling, HSBC economists say in a research note. Asia's seasonally adjusted shipments of electronics have pulled back notably in recent months, including those from Taiwan, a key provider of chips, the economists say. Exports from South Korea are still rising, in part reflecting solid prices for advanced memory chips, while prices for other electronics along the AI hardware supply chain have started to cool, they note. The relentless rise in AI hardware, which has driven the gain in Asian export values, is easing too, they say. The slowdown may not be a surprise, they reckon, as after a sharp run-up in spending by U.S. hyperscalers, their capex growth is bound to slow.
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