South Korea unveils $576 billion AI-chip investment powered by Samsung, SK Hynix

SEOUL: South Korea rolled out sweeping chip and AI mega-projects on Monday, as President Lee Jae Myung pledged to cement overwhelming industry leadership with investments worth more than $576 billion over several years.

The announcement marks Lee’s boldest push yet to align South Korea’s AI and chip ambitions with his pledge to narrow regional disparities and revive economies beyond the Seoul metropolitan area.

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