South Korea launches a Future Response Fund using semiconductor tax revenues to invest in AI long-term, part of an $880 billion push into chips and data

South Korea is establishing a "Future Response Fund" from semiconductor boom tax revenues. This fund will fuel major national projects, boost growth engines, and support younger…

The Lee Jae Myung administration plans to create a new investment fund financed by a tax windfall from the semiconductor boom. The proceeds will be channeled in