South Korea's president declares that it will invest over $580 billion in its AI chip industry, with Samsung and SK…

South Korea, through President Lee Jae Myung's declaration, plans to invest approximately 900 trillion won ($583 billion) in its AI chip industry over the next decade. The majority of this investment, 800 trillion won, will come from major companies Samsung and SK hynix, aiming to secure the nation's position in AI hardware manufacturing.

• COMPANY SK Hynix
• COMPANY Samsung