South Korea Pushes AI and Chip Investments
South Korea's finance minister nominee pledged to swiftly advance major artificial intelligence projects and utilize a semiconductor boom to support vulnerable sectors. The government aims to strengthen technological competitiveness through record fiscal spending.
South Korea's finance minister nominee vowed on Wednesday morning to accelerate AI mega projects using policy capacity from the global semiconductor boom. The pledge follows the government's unveiling on Tuesday of its largest fiscal spending plan on record for next year. The strategy aims to cement the nation's technological edge during the global AI race by creating a dedicated long-term investment fund.
