South Korea Unveils $576 bn AI Chip Investment Plan to Strengthen Samsung and SK Hynix Leadership
South Korea has announced one of the world’s largest artificial intelligence and semiconductor investment programs, unveiling a strategy worth approximately 800 trillion won ($576 billion) to reinforce its leadership in AI chips, advanced memory, and semiconductor manufacturing. SK Hynix Yongin Semiconductor Cluster President Lee Jae Myung introduced the initiative as part of three national “mega-projects” designed to accelerate AI innovation, expand domestic chip production, and promote economi