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SOUTH KOREAN AI DRIVE. South Korean President Lee Jae Myung, Samsung Electronics Chairman Lee Jae-yong, and SK Group Chairman Chey Tae-won attend a briefing announcing the government's three mega projects at Yeongbingwan, the Blue House, in Seoul, South Korea, June 29, 2026.

Kim Min-Hee/Kyodonews/Pool via Reuters

South Korean President Lee Jae Myung casts the initiative as a 'great leap forward,' centered on the 'triple axis' of semiconductors, physical AI and data centers

SEOUL, South Korea – South Korea on Monday, June 29, laid out a sweeping industrial strategy centered on semiconductors and artificial intelligence, as President Lee Jae Myung unveiled over $576 billion in chip investment to secure global dominance and rebalance growth.