South Korea's Exports Surge 83.5% in September, Driven by Soaring Global Demand for AI Chips

South Korea reported a record monthly high in exports for September, reaching $120.94 billion, an 83.5% increase year-on-year. This surge was primarily fueled by a 262% increase in chip exports, totaling $60.3 billion, as global demand for memory chips used in artificial intelligence applications continues to boom. Computer exports also rocketed by 435.3% due to the spread of agentic AI and sustained demand for AI infrastructure.