South Korea to pile $74.6 BN into AI chips

Alfred Williams June 30, 2024 0

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South Korean chipmaking giant SK Hynix has announced it will invest the whopping sum - far outstripping the government's $19 billion fund to boost chipmaking business earlier this year - into producing semiconductor chips though 2028.

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Hynex said they are also planning to secure $57 billion to invest in AI as the conglomerate group's losses last year.
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