‘Supercycle’ May Prolong $100 Billion Rally in Korean Chipmakers
The article discusses the ongoing rally in the market value of South Korean chipmakers, which has added over $100 billion this month. The surge is attributed to the growing demand for artificial intelligence (AI) technology, which is spreading to various sectors beyond the traditional tech industry. The article suggests that this "supercycle" in the semiconductor industry may prolong the current rally, as the increasing adoption of AI-powered devices and applications drives the need for more advanced chips. This trend is expected to benefit the two largest chipmakers in South Korea, Samsung Electronics and SK Hynix, as they continue to meet the rising demand for their products. The article highlights the significant growth in the market value of these companies, underscoring the impact of the AI boom on the semiconductor industry and the potential for continued expansion in the sector.
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