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South Korea to invest $1.2tn 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 demand while developing previously neglected regions.
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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…
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channelnewsasia.com
South Korea to unveil massive AI and chip investment drive
Local media have reported that the planned investments could exceed 1,000 trillion won (US$651.41 billion) over the coming years.
