China Q1 GDP Beat Asia AI Surge Semis Mixed
Key Questions
How did China's Q1 GDP perform?
China's Q1 GDP grew +5% YoY, the fastest in three quarters, with industrial output +5.7% in March. This anchored gains in Nikkei and ASX.
Which Asian markets benefited from AI boom?
Taiwan and South Korea climbed global equity ranks on AI strength, with TSMC at $1.8T +40% YTD and SK Hynix/Samsung +80%.
What contrasts exist in global semis performance?
Asia AI surge contrasts with ASML layoffs and India IT down 10% amid oil pressures and Europe rot. Global divergences are evident.
Q1 +5% YoY fastest 3Q/ind +5.7%Mar anchors Nikkei/ASX; Taiwan/SK AI boom TSMC$1.8T+40%YTD SK Hynix/Samsung+80% vs ASML layoffs/India IT-10% oil pressure Europe rot global divergences.
Sources (2)
Updated Apr 27, 2026