AI & Tech
South Korea exported record 100 billion dollars in June driven by AI memory chips
Peter Zeihan Podcast
Korean Exports Skyrocket Thanks to AI || Peter Zeihan
"We just got good data out of the Koreans for their exports. And they set not just a record, but an insane record. Topped $100 billion for a country with under 50 million people in one month. And that is a 70% increase from just a year earlier."
Geopolitical analyst Peter Zeihan reports South Korea achieved unprecedented export figures of over $100 billion in June 2024, marking a 70% year-over-year increase driven almost entirely by artificial intelligence hardware demand. South Korea produces approximately 90% of the world's high-end DRAM memory chips, a critical but often overlooked component of AI systems that is as essential as the more celebrated GPU processors. This export surge reflects the global AI boom's dependence on Korean manufacturing capacity.
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Peter Zeihan Podcast