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South Korea to invest nearly $1.2 tn in chips, AI data centres
South Korea will invest nearly $1.2 trillion -- equivalent to more than two-thirds of its GDP -- in a new chip-building hub and AI data centres over several years, as it seeks to profit from soaring…
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datacenterdynamics.com
South Korea announces $919bn investment into three “mega projects,” plans to build 18.4GW worth of data centers by 2035
Ambitious plan aims to put the country at the forefront of the AI race
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straitstimes.com
Samsung, SK Hynix ready decade of mega spending to sustain South Korea’s AI lead
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…
