How South Korea’s AI megaprojects aim to ‘maintain edge’ over China, meet demand

AI Summary

South Korea plans to invest $518 billion in semiconductor projects to maintain technological leadership over China and support AI infrastructure development. The initiative aims to build a second major chipmaking base outside Seoul.

South Korea’s US$518 billion semiconductor push aims to tap the artificial intelligence boom into a durable industrial advantage and keep up with leading rival China, according to observers. The plan is intended to secure supplies of advanced memory chips needed for AI data centres and computing infrastructure, while easing pressure on the Seoul metropolitan area by creating a second major chipmaking base in the country’s southwest. President Lee Jae Myung on Monday unveiled the government’s...