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Japan's semiconductor exports surge 23.2% in July, driven by AI demand and strong shipments to China and the US.

Market News
19 Aug 2026
CNBC
View Source
Bullish
pluang ai news

Japan's semiconductor exports grew 23.2% in July, marking the fastest growth since October 2022 and surpassing expectations. This surge was driven by a 49.1% increase in semiconductor equipment shipments, fueled by rising demand from the artificial intelligence sector. Exports to China and the US rose significantly, supporting Japan's GDP growth, which expanded 0.7% year-on-year in Q2. Meanwhile, Japan's imports also increased sharply, notably with an 87.8% rise in petroleum imports due to higher oil prices amid the Iran conflict.

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