South Korean Finance Minister: "Semiconductor Boom to Last at Least Until Next Year"
- 1South Korean Finance Minister Lee Hyung-il told CNBC that the semiconductor boom will continue until at least 2027
- 2He explained that the gap between semiconductor demand and supply remains large and supply continues to expand
- 3The remarks came after semiconductor stocks such as SK Hynix and Nvidia plummeted following interest rate hike concerns and competition from Chinese companies this week
So what's the key point?
The South Korean Finance Minister said the semiconductor boom will last at least until next year. This statement follows a significant drop in semiconductor stocks this week.
Source CNBC · View original ↗
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