The move comes as part of the government’s series of megaprojects designed to secure the country’s position in the global AI landscape.
June 29, 2026
South Korea unveiled an ambitious AI infrastructure initiative, with plans to invest more than 800 trillion won ($576 billion) in semiconductor manufacturing and AI to cement the country's position in the global AI race.
The program was unveiled by President Lee Jae Myung in a televised statement on June 28, in which he said semiconductors, physical AI, and AI data centers are the “triple axis for our great leap forward."
Under the project, the South Korean government will work with semiconductor giants Samsung Electronics and SK Hynix to dramatically expand domestic chip production over the coming years.
