South Korea's semiconductor industry has experienced a significant surge in production and shipments in November, with chip production growing 42% year-on-year, the most since early 2017, and shipments rising 80%, the biggest gain since late 2002. The industrial output index increased 5.3% from a year earlier, beating estimates. This revival of technology momentum in South Korea bodes well for the global tech sector, indicating a robust chip production that could impact the global tech industry positively. Shares of semiconductor companies, including Nvidia and Advanced Micro Devices, are on track for their best year in more than a decade, driven by AI-fueled demand.
Shares of semiconductor companies are on track for their best year in more than a decade, with AI-fueled demand powering gains for chipmakers Nvidia and Advanced Micro Devices https://t.co/MafUzocBSr
Shares of semiconductor companies are on track for their best year in more than a decade, with AI-fueled demand powering gains for chipmakers Nvidia and Advanced Micro Devices https://t.co/lIyEHYdDuD
Shares of semiconductor companies are on track for their best year in more than a decade, with AI-fueled demand powering gains for chipmakers Nvidia and Advanced Micro Devices https://t.co/ZkbETVdYHi
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"South Korea’s #semiconductor industry recorded the largest gains in yrs in both production & shipments, underscoring a revival of technology momentum...Chip production jumped 42% in Nov YoY, most since early 2017, while shipments soared 80%" https://t.co/JWnZLjGAiK
The most over-valued stock of the year is Nvidia. Up 350%. Prime beneficiary of the AI hype cycle. A master class in exploiting human artificial intelligence. The 200 dma is a bear market away. https://t.co/9rFGrpSSix
One indicator out today that suggests a 'no landing' scenario for the US - South Korea's semiconductor exports, which showed the largest gains in years, jumping 42% in November from a year earlier. @dampedspring @nickgiva1 @super_macro @PPGMacro @biancoresearch @JulianMI2 https://t.co/XncaWrpNAk
South Korean national statistics data: chip production grew 42% YoY in November, the most since early 2017; shipments rose 80%, the biggest gain since late 2002 (@samkimasia / Bloomberg) https://t.co/6qWA0DkD8h 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/Dycyv18HmY
South Korea’s semiconductor industry recorded the largest gains in years in both production and shipments, underscoring a revival of technology momentum that bodes well for the global tech sector https://t.co/BmVoPIxRJ2
South Korea November factory output jumps thanks to robust chip production https://t.co/eIrBkhrGqz https://t.co/lZFBp7nUDt
🇰🇷 South Korea's November factory output posted the fastest gain since May 2022 on soaring chip production, official data showed on Thursday. The industrial output index increased 5.3% in November from a year earlier, according to Statistics Korea, beating a median estimate of a… https://t.co/tQfZMLWTIv
⚠️ SOUTH KOREA NOVEMBER FACTORY OUTPUT JUMPS THANKS TO ROBUST CHIP PRODUCTION Full Story → https://t.co/DZXyPyPC7O