The Bank of Korea released a report on Monday saying that the global semiconductor market is still in short supply, and the current “supercycle” driven by artificial intelligence is expected to continue for some time; the bank used this to refute investors' concerns that the chip cycle has peaked. The Bank of Korea stated in the report: “Despite a sharp surge in demand for semiconductors, driven by investment in artificial intelligence infrastructure, the pace of supply expansion is relatively slow.” The bank added that the semiconductor cycle shows no signs of slowing down.

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