Semiconductor demand has surged to unprecedented levels, driving exports to a record high of $120 billion as global chip shortages intensify. The sharp 83.5 percent increase reflects the critical role of semiconductors in powering industries from electronics to automotive manufacturing. Analysts attribute the boom to supply chain constraints and rising consumer technology adoption worldwide. With no signs of easing, the trend underscores the sector’s dominance in shaping global trade dynamics.
Exports jump 83.5 percent to top $120bn for the first time amid ferocious semiconductor demand.
