South Korea's exports hit record high on AI boom

South Korea's exports hit record high on AI boom Share South Korea's exports hit record high on AI boom on social media South Korea's exports have surged to a monthly record amid explosive demand for chips used to power artificial intelligence. Exports jumped 83.5 percent year-on-year to $120.9bn in September, eclipsing the previous monthly record of $102.25bn set in June, preliminary customs figures showed on Thursday. Total exports from January through September hit $814.5bn, During the first nine months of the year, the country recorded a trade surplus of $49.85bn. "This is a valuable achievement that once again demonstrates the strength of our industries and companies, and is thanks to the sweat and efforts of our entrepreneurs who have competed fiercely in the global market," said Kim Jeong-kwan, South Korea's minister for trade and industry, in a statement.