Analyst: South Korea's chip exports in May expected to hit a historic high

Odaily news, Lee Kyoung-min, an analyst at South Korea’s Daishin Securities, stated that investors' risk appetite has been boosted by the sustained growth in semiconductor demand aligning with the investment cycle in AI infrastructure, as well as the recent rally in Wall Street tech stocks. The analyst said that South Korea’s chip exports in May are expected to reach a record high. According to data from the South Korean government, in the first ten days of this month, the country’s chip exports surged nearly 150% year-on-year, hitting a record $8.54 billion. (Jin Shi)