Bank of Korea: Global Semiconductor Undersupply to Persist as AI-Driven Chip Upcycle Continues

According to a report released by South Korea's central bank, the Bank of Korea, on July 13, the global semiconductor market remains undersupplied and the AI-driven chip upcycle is expected to continue for some time. The bank attributed the shortage to surging demand for AI infrastructure investment, while supply expansion has lagged—particularly for custom products like high-bandwidth memory (HBM). Unlike previous cycles, companies are investing in anticipation of broader AI-driven industry shifts, but supply is rising more slowly than in earlier upcycles.
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