BlockBeats News, July 13th - The Bank of Korea released a report on Monday stating that the global semiconductor market is still facing a supply shortage and expects the current "supercycle" driven by Artificial Intelligence (AI) to continue for some time. The bank used this to refute investors' concerns that the chip cycle has peaked.

In the report, the Bank of Korea pointed out: "Despite the significant increase in semiconductor demand driven by AI infrastructure investment, the pace of supply expansion has been relatively slow." The bank added that there are no signs of a slowdown in the semiconductor cycle.