Samsung and SK Hynix are pulling a chip-plant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle that has drawn money away from crypto all year.

Chip giants poised to announce as much as 2,000 trillion won (S$1.7 trillion) in fresh investments over a ten year period. Read more at straitstimes.com. Read more at…

South Korea's President Lee to announce $648 billion AI and semiconductor investment drive led by Samsung and SK Hynix, targeting chips, data centers, and