South Korea unveils $576B chip and AI megaprojects led by Samsung and SK Hynix.

President Lee Jae Myung announced sweeping chip and AI investments worth over $576 billion spanning multiple years, joined by Samsung Electronics and SK Hynix. The initiative aims to cement South Korea's industry leadership while narrowing regional disparities and reviving economies beyond Seoul. The announcement marks Lee's boldest push yet for AI and semiconductor dominance.