AI-Driven Chip Boom Lifts Korean Current Account to Fresh Record

South Korea's current-account surplus reached an unprecedented level for the second consecutive month, driven by a surge in semiconductor exports, which have become a major driver of economic growth. This boom is fueled by the increasing demand for AI-driven chips, reflecting the global tech sector's pivot towards advanced technology. Meanwhile, foreign investors sold off a record amount of South Korean equities, highlighting a shift in market sentiment despite the strong performance in the goods market. This development underscores the significant role that semiconductor exports play in South Korea's economic landscape.