BoK sees AI boom continuing
Central bank dismisses concerns that semiconductor business cycle has peaked
The Bank of Korea has said that semiconductors are undersupplied globally and that it expects the artificial intelligence-driven business “supercycle” to continue for some time.
“While semiconductor demand has surged significantly due to investments in [AI] infrastructure, the pace of supply expansion has been slow,” the BoK said in a written response to a lawmaker’s questions on the topic, Yonhap reported today (July 13). The central bank added that the current AI-driven semiconductor cycle was
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