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AI-fueled demand buoys semiconductor market while legacy chips lag

TOKYO -- Global semiconductor demand continues to be in an upswing, underpinned by orders for AI chips and other advanced products while the materials and legacy chip sectors remain in a slump.

The global chip market rose 18.3% in the April-June quarter from a year earlier, according to data from World Semiconductor Trade Statistics, up from 17.8% in the first quarter and 11.6% in last year's fourth quarter.

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