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South Korea unveils US$576 billion megaprojects to dominate global AI, chip market

South China Morning Post 29 June 2026 1h ago
South Korea unveils US$576 billion megaprojects to dominate global AI, chip market
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South Korea rolled out sweeping chip and AI megaprojects on Monday, as President Lee Jae Myung pledged to cement overwhelming industry leadership with investments worth more than US$576 billion over several years. The announcement marks ⁠Lee’s boldest push yet to align South Korea’s AI and chip ambitions with ‌his pledge to narrow regional disparities and revive economies beyond the Seoul metropol
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