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South Korea Launches Massive $900 Billion Semiconductor and AI Infrastructure Initiative

South Korea's leading tech companies, including Samsung and SK Hynix, have announced plans to invest over $900 billion in memory chip manufacturing and AI data centers. Supported by the national government, this massive initiative aims to address the global shortage of high-bandwidth memory chips and solidify South Korea's position as an AI superpower. The plan includes building new fabrication facilities and expanding national data center capacity through 2035.