Korea's chip exports surge 155.4% in early August as KOSPI gains for third straight session
Korea's chip exports surged 155.4% year over year in the first 10 days of August, reaching $9.95 billion, while KOSPI opened up 1.47% for its third straight session of gains. The data is being cited as evidence that underlying AI demand remains strong despite recent market volatility.
Detected & updated continuously · Source: Nebula
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@Luceyeon
Korea's chip exports surged 155.4% year over year in the first 10 days of August, hitting $9.95 billion. KOSPI just opened up 1.47%, its third straight session of gains. After two weeks of chaos, the underlying demand story never actually stopped.
@mxrbtc
KOSPI up ~3.8% in recent trading is a good indicator of what's to come this week for AI names such as $SNDK $IREN $WULF $CIFR $NBIS and of course $DGXX, who reports earnings this Friday morning! US inflation data to come too, typically been bullish recently but we'll see