AI chip demand drives strong export growth in South Korea in early June According to Golden Finance, on June 22nd, South Korea's export growth remained strong in early June, thanks to the continued prosperity of the semiconductor industry. According to data released by South Korean customs on Monday, after adjusting for differences in working days, exports in the first 20 days of June increased by 49.7% year-on-year, compared to a 52.6% increase in the same period in May; Without adjustment, exports increased by 60.4% year-on-year, imports increased by 23.2%, and the trade surplus reached 17.5 billion US dollars. Among them, chip exports once again led the increase, with a year-on-year growth of 188.4%; The export of computer related products increased by 293.3%; The export of petroleum products benefits from the rise in energy prices. The data shows that external demand remains strong, thanks to the rapid growth of investments in artificial intelligence and data centers; It also further indicates that semiconductors remain the main driving force behind South Korea's economic growth, helping to offset weakness in other economic sectors. Policy makers are assessing the impact of the long-term prosperity of the semiconductor industry, which not only supports economic growth but also drives up taxes and boosts asset prices.