Ministry of Economy and Finance Holds Semiconductor Expert Meeting: "Demand Base to Remain Stable for the Time Being"

As the stock market fluctuated amid growing concerns over AI data center regulations following the U.S. midterm elections, the Ministry of Economy and Finance met with semiconductor experts to inspect related industry trends and future demand forecasts.

The Ministry of Economy and Finance announced that Deputy Minister Kang Ki-ryong held a meeting with semiconductor experts at the Seoul Government Complex today (November 6) to discuss policy trends in major countries' AI industries, current global semiconductor conditions, and risk factors.

Participants evaluated that the mid-to-long-term growth expectations for the AI and semiconductor industries remain valid, considering the large-scale investment progress and future plans of major AI companies, as well as the expansion of semiconductor demand driven by the spread of agentic AI.

They diagnosed that despite some concerns in the financial markets, no clear signals leading to a contraction in AI investment or semiconductor demand have been detected yet.

They also forecasted that the demand base will remain stable for the time being, given domestic semiconductor companies' expansion of long-term agreements (LTAs).

Deputy Minister Kang emphasized, "Uncertainty regarding AI industry policies may persist for a while following the U.S. midterm elections, which could affect domestic and foreign financial markets and the real economy." He added, "We will maintain close communication with semiconductor experts for the time being and closely monitor global AI and semiconductor industries along with AI policy trends in major countries."

(Photo: Yonhap News)
※ Please note: This article was translated by AI and may contain errors.