South Korea to invest nearly $1.2 tn in chips, AI data centres

South Korea is making a huge commitment to becoming a global leader in semiconductor manufacturing and artificial intelligence by investing nearly $1.2 trillion, which is over two-thirds of its GDP. This massive investment aims to build a new hub for chip production and advanced AI data centers. This strategic move not only positions South Korea as a key player in tech but also highlights the country's recognition of the critical importance of these technologies in future economic growth and global competitiveness.