Tech & Science
Semiconductors
South Korea Bets Its Next Decade on the Chips That Feed AI
In Seoul on Monday, President Lee Jae-myung unveiled three interlocking AI "mega-projects" led by Samsung and SK Hynix, who together with suppliers will spend roughly $580 billion on new memory-chip plants. Korean media put the full decade-long programme at close to $1.2 trillion, equivalent to more than two-thirds of annual output — a bet that the AI era will be won by whoever controls the hardware.