The demand for AI chips is booming, forcing expansion and speeding up production! South Korean government reportedly in talks with "storage giants" planning to invest 300 trillion Korean won, accelerating the development of industrial clusters by 10 years.

According to the Zh tng financial APP, in the face of the "exponential, explosive" crazy demand for computing power and high-bandwidth memory (HBM) across the entire artificial intelligence (AI) industry chain, the national strategic partnership between the South Korean government and chip giants is experiencing an epic acceleration. According to a knowledgeable official from the Presidential Office, the South Korean government is currently engaged in intensive and in-depth closed-door negotiations with Samsung Electronics and SK Hynix, planning to invest over 30 trillion Korean won (approximately 230 billion US dollars) to establish a "second semiconductor industry cluster" in "Gwangju-Gyeongnam Special City" outside the Greater Seoul Economic Circle.