According to data from the Bank of Korea, if major US technology companies slow down capital spending in the field of artificial intelligence next year, South Korea's semiconductor exports may fall by 50 billion to 100 billion US dollars from previous forecasts. In a written response submitted to Congressman An Daojie, the Bank of Korea constructed a “pessimistic situation” to assess what kind of impact it would have on the South Korean economy if US tech giants cut their large-scale infrastructure investment. Under such circumstances, the sharp decline in exports will cause South Korea's GDP growth rate to drop by about 0.4 percentage points next year; at the same time, it will also cause South Korea's current account surplus to fall far below the Bank of Korea's previous forecast of a surplus of 430 billion US dollars in 2027. This scenario assumes that the unit price of semiconductor products in South Korea will drop 10%.

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