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Semiconductor boom to continue through 2027 despite recent stock dips, says South Korea's finance minister.

Market News
17 Oct 2026
CNBC
View Source
Neutral
Semiconductor boom to continue through 2027 despite recent stock dips, says South Korea's finance minister.

South Korea's finance minister Lee Hyoung-Il stated that the semiconductor boom will last at least through 2027 due to strong demand outpacing supply, even as production capacity expands. Despite recent sharp declines in semiconductor stocks caused by concerns over interest rate hikes and rising competition, the sector remains a key driver of South Korea's economy and tax revenue growth. Lee emphasized that the country's economy remains solid amid market volatility, and the chip boom is expected to strengthen South Korea's fiscal position. However, some experts warn of a potential oversupply in the memory chip market by 2029, which could slow growth in the AI-driven semiconductor sector.

The semiconductor market's outlook remains solid through 2027, according to South Korea's finance minister. For readers following the technology sector, here is Pluang's market snapshot as of Oct 17, 2026 23:11 WIB: out of 150 priced Technology-sector US stocks tradable on Pluang, 11 rose and 139 fell today. Notable movers include AEHR (Aehr Test Systems) at USD 60.60 with a 1-day change of -12.44%, NBIS (Nebius Group NV) at USD 165.47 down 12.18%, and APLD (Applied Digital Corporation) at USD 18.05 down 11.48%. Pluang order activity shows AEHR with 20% Sell / 80% Buy and a typical hold time of 16 days.

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