South Korea July exports beat forecasts on robust demand for AI investments

Economic Times Techen

South Korea July exports beat forecasts on robust demand for AI investments

Semiconductor exports jumped 179% as memory chip prices continued to ​rise despite the issues of Apple's potential use of ⁠Chinese memory ‌chips and a new AI development in China, the trade ​ministry said in ​a statement. Computer sales also surged 404% on increasing AI ⁠investments by big U.S. technology firms, the ministry said.

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