South Korea just dropped the kind of number that makes even the biggest spenders in tech do a double take. Samsung Electronics and SK Hynix, the country’s two semiconductor heavyweights, are committing at least 1,350 trillion won to chips and data centers. That translates to roughly $880 billion, a figure that dwarfs most national infrastructure programs.

But that might only be the starting point. The two companies could unveil joint plans to invest up to 2,000 trillion won, approximately $1.3 trillion, in semiconductor initiatives over the next decade.

Where the money is going

Samsung Group alone plans to invest 1,000 trillion won, roughly $648 billion, over 10 years. That spending covers chip factories, AI data centers, batteries, and displays.

A significant chunk of Samsung’s allocation, around 300 trillion won, is earmarked for new fabrication facilities in southwestern South Korea. The company has also targeted approximately 800 trillion won, or about $518 billion, specifically for creating new fabrication sites across the country.