亚洲工厂活动感受到AI热潮的微光渐隐文：莱卡·基哈拉 东京，11月2日讯——私人调查周一显示，10月亚洲各地工厂活动继续扩张，但主要芯片出口国的增长放缓，这表明随着市场开始质疑该行业的盈利能力，AI热潮可能正在失去动力。
Asia's factory activity feels fading glimmer of AI boom By Leika Kihara TOKYO, Nov 2 - Factory 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.
数据显示，出口导向型经济体面临的压力日益增大，中东长期冲突持续推高燃料和食品价格，打击消费和企业信心，即使芯片和AI相关产品的需求依然强劲。
The data points to growing strains on export-led economies as prolonged conflict in the Middle East keeps fuel and food prices elevated, hitting consumption and business confidence even as demand for chips and AI-related goods remains resilient.
周一的调查显示，中国、日本、韩国和台湾的制造业活动均有所放缓，表明美以对伊朗战争的拖累可能正在抵消芯片和AI相关产品强劲全球需求带来的好处。
Manufacturing activity slowed in China, Japan, South Korea and Taiwan, the surveys showed on Monday, indicating the drag from the US-Israeli war on Iran may be offsetting the benefits from robust global demand for chips and AI-related goods.
“强劲的芯片和AI需求此前掩盖了亚洲和全球经济的软肋。但中东战争拖得这么久，推高了燃料和食品价格，这已难以持续，”东京第一生命研究院首席新兴市场经济学家西滨亨说。
"Strong chip and AI demand had masked soft spots in Asian and global economies. But that's becoming hard to sustain with the Middle East war dragging on for so long, pushing up fuel and food prices," said Toru Nishihama, chief emerging market economist at Dai-ichi Life Research Institute in Tokyo.
“高通胀正在损害亚洲消费。来自中国的价格竞争加剧，也正在给日本和韩国等竞争对手出口国带来压力，”他说。
"High inflation is hurting Asian consumption. Intensifying price competition from China is also weighing on rival exporters like Japan and South Korea," he said.
由S&P Global编制的RatingDog中国一般制造业采购经理人指数（PMI）10月为52.0，高于区分扩张与收缩的50关口，但低于9月的52.1。
The RatingDog China General Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, stood at 52.0 in October, exceeding the 50-mark that separates growth from contraction but falling from 52.1 in September.
该读数紧随周六公布的官方数据，显示中国工厂活动10月萎缩，这是四个月内第三次收缩。
The reading followed official data released on Saturday showing China's factory activity shrank in October, marking the third contraction in four months.
“PMI显示，中国经济活动在9月回升后于10月失去动力。制造业略有放缓，但外部需求仍显强劲，”资本经济公司中国经济学家阮黄南说。
"The PMIs suggest that China's economy activity lost momentum in October following September's pick-up. Manufacturing softened a touch, but foreign demand still looks resilient," said Nguyen Hoang Nam, China economist at Capital Economics.
更令人担忧的是，建筑活动和预期出现急剧逆转，表明企业对财政支持在今年余下时间提供显著提振的信心减弱。标普全球的一项调查显示，日本10月PMI从9月的54.1降至53.3，产出和新订单动力减弱，扩张放缓至七个月来最慢。
"More worrying was the sharp reversal in construction activity and expectations, suggesting that firms have become less confident that fiscal support will provide a substantial boost over the rest of the year." Japan's PMI eased to 53.3 in October from 54.1 in September, a survey by S&P Global showed, marking the slowest expansion in seven months as output and new orders lost momentum.
韩国10月工厂活动因产出和需求走弱，增长放缓至八个月来最慢，PMI从9月的53.9降至51.3。
South Korea's factory activity grew in October at the slowest pace in eight months on weaker output and demand, with the PMI falling to 51.3 from 53.9 in September.
台湾10月PMI为54.9，低于9月的56.7。越南、印度尼西亚和马来西亚等其他国家的工厂活动在10月的扩张速度快于上个月。
Taiwan's PMI stood at 54.9 in October, down from 56.7 in September. Other countries showed factory activity expanded in October at a faster pace than the previous month, including Vietnam, Indonesia and Malaysia.
亚洲在许多其他地区中表现更好，因为制造商受益于芯片和人工智能相关产品的强劲需求。
Asia has outperformed many other regions as manufacturers benefitted from brisk demand for chips and AI-related goods.
但国际货币基金组织预计，亚洲经济明年将放缓，并警告称，伊朗战争引发的能源冲击以及人工智能热潮可能出现的修正，将带来日益加剧的风险。
But the International Monetary Fund has projected Asia's economic growth to moderate next year, and warned of heightening risks from the Iran war-induced energy shock and a potential correction in the AI boom.
国际货币基金组织表示，现在预计亚洲经济2026年将增长4.8%，2027年将增长4.4%，高于4月份的预测，但仍低于2025年5.0%的扩张率，增速有所放缓。
The IMF said it now expects Asia's economy to grow 4.8% in 2026 and 4.4% in 2027, higher than projections made in April but still slowing from a 5.0% expansion in 2025.