South Korea's Ministry of Finance convenes a roundtable with semiconductor experts: AI demand has not shrunk, and medium- and long-term growth remains solid.
15 minutes ago
According to Yonhap News Agency, following the U.S. midterm elections, amid heightened concerns over AI data center regulation that triggered stock market volatility, South Korea's Ministry of Strategy and Finance held a roundtable with semiconductor experts to review industry trends and future demand prospects. Participants collectively assessed that, taking into account progress and future plans for large-scale investments by major AI firms, as well as factors such as expanded semiconductor demand driven by the proliferation of agent AI, the medium- and long-term growth outlook for the AI and semiconductor industries remains valid. They noted that while some concerns exist in financial markets, no clear signals have yet been detected that would lead to a contraction in AI investment or semiconductor demand. Additionally, given factors including the expansion of long-term supply contracts for South Korean domestic semiconductor companies, the demand base is expected to stay stable in the short term.
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