South Korea export growth hits four-decade high as chip sales hit record on AI boom
South Korea’s exports surged in May at their fastest annual pace in over four decades, driven largely by strong global demand for semiconductors fueled by AI investment. Total exports rose 53.2% year-on-year to a record $87.75 billion, marking the 12th straight month of growth. Chip exports jumped 169.4% to an all-time monthly high, while computer exports soared due to AI server demand, though automobile exports … Continue reading South Korea export growth hits four-decade high as chip sales hit record on AI boom
