Seoul, June 13 -- The artificial intelligence-led semiconductor boom has yet to show a strong spillover into South Korea's broader economy, even as currency and financial stability concerns make a Bank of Korea rate hike in July increasingly likely, Nomura's senior economist said Friday.

According to a report by The Korea Herald, Park Jeong-woo, South Korea and Taiwan senior economist at Nomura, said at the brokerage's Korea Equities & Economy Media Briefing in Seoul that the key question for the economy is not whether chips and stocks are strong, but whether that strength is feeding into domestic demand.

"No one can deny the strength in semiconductors, and the stock market has been strong on the back of that," Park said. "The key quest...