According to CoinMeta, as reported by Yahoo Finance, South Korea's economy grew by 1.0% in the third quarter, exceeding the 0.3% forecasted by the Bank of Korea. This growth was mainly due to the demand for AI chips, with semiconductor exports surging by 218.7% year-on-year to reach $148 billion, driving real domestic total income to grow by 18.8%, the fastest increase in nearly 49 years. However, John Bromhead, a senior economist at Moody's Analytics, warned that the growth is "highly concentrated" in the chip sector, which puts South Korea at risk when global AI spending slows down.