SK Group Chairman Chey Tae-won said the global shortage of AI memory chips is severe enough that foreign governments have started intervening on behalf of their

South Korea is doubling down on its bid to lead in AI, unveiling plans last month to spend hundreds of billions on developing its chip manufacturing.

SK Group Chairman Chey Tae-won said Friday that shares of chipmaker SK hynix Inc., a key affiliate of his group, are likely to trend upward over th...