South Korea launches $1 trillion investment plan for chips and AI

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South Korea has announced a sweeping $1 trillion investment plan targeting the semiconductor and artificial intelligence sectors. The move is aimed at strengthening the country's position in two of the world's most strategically critical technology industries. The announcement comes as regional competitors, including Taiwan, China, and Japan, are also pouring significant resources into chip manufacturing and advanced technology infrastructure. By committing to this large-scale plan, South Korea seeks to keep pace with — and potentially outcompete — its neighbors in the global tech race.

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