South Korea Finance Ministry Says AI Demand, Semiconductor Growth Intact

Cointime update: South Korea’s Ministry of Economy and Finance met semiconductor experts on Nov. 6 to review industry trends and demand prospects, concluding that mid- to long-term growth expectations for AI and semiconductors remain valid given major AI firms’ large-scale investment plans and expanding chip demand from agentic AI adoption. No clear signals of shrinking AI investment or chip demand have been detected, and stable short-term demand is expected on expanded long-term supply contracts by Korean chipmakers.