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Japan exports rise in July on stronger semiconductor equipment demand
Semiconductor equipment shipments jumped 49.1% in value, helping Japan post a fifth straight month of export gains.
Japan’s exports rose in July as demand for semiconductor equipment stayed strong, extending the country’s streak of gains to a fifth consecutive month, according to CNBC Markets.
CNBC World reports that shipments of semiconductor equipment surged 49.1% in value, a result tied to ongoing demand in the chip sector.
The coverage links the strength in shipments to continued momentum behind the artificial intelligence boom.
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