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The Nexus
BUSINESSJun 29 · 08:27 UTCWDIV CLICKONDETROITKim Tong-Hyung, Associated Press

South Korean tech giants to build a $518 billion chipmaking hub to serve soaring AI demand

Samsung Electronics and SK Hynix will invest $518 billion in a new chipmaking hub in South Korea's southwest region to meet rising AI demand. The project aligns with government efforts to expand semiconductor manufacturing beyond the Seoul area and boost regional economic development.

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Samsung ElectronicsorganizationSK HynixorganizationSouth KoreaplaceLee Jae MyungpersonGwangjuplaceGyeonggi ProvinceplaceDemocratic PartyorganizationArtificial Intelligencetopic
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