Japan’s September exports rise 16.7%, helped by chip demand

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TOKYO (Reuters) — Japan’s exports in September rose 16.7% from a year earlier, government data showed on Wednesday, as strong demand for semiconductors and AI-related products offset weakness in other sectors. The increase marked the 13th consecutive month of gains, following a 19.3% rise in August and falling short of a median market forecast for a 20.1% increase, Ministry of Finance data showed. Solid global investment in artificial intelligence continued to support exports of semiconductors and related equipment. Exports have also been supported by corporate efforts to pass on higher costs through prices. By destination, exports to the United States…

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