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South Korea is betting $880 billion that the next AI race will be won in hardware, not software

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Why This Matters

South Korea's massive $880 billion investment in semiconductor manufacturing underscores the industry's shift towards hardware dominance in the AI race. This strategic focus aims to bolster global chip supply, ensuring the country remains a key player in the rapidly evolving AI and tech landscape.

Key Takeaways

A significant portion of that spending is earmarked for semiconductor manufacturing. Samsung Group and SK Group plan to build two new chip fabrication plants each in the country's southwest, with a combined value of about 800 trillion won. The goal is to rapidly expand capacity as demand accelerates for memory...Read Entire Article