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Lee signals second supplementary budget as Korea seeks more GPUs for AI, security industries
The government has set a target of 260,000 GPUs over the long term and 50,000 in the near term.
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Kospi nosedives nearly 6 percent on profit hunting after AI-led rallies
Trading was halted for 20 minutes after losses briefly topped 8 percent amid profit-taking in AI-related stocks.
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The semiconductor windfall: Where should the extra tax revenue go? (KOR)
As semiconductor profits swell tax revenue, Korea should prioritize reinvestment in chip competitiveness and long-term growth over redistribution.
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Three hurdles loom over the plan to bring chip plants to regions outside of Seoul
Plans to build semiconductor plants in the Jeolla region have turned into a symbol of the government's drive for balanced national development. But the projects must overcome three hurdles: securing talent, winning residents' consent and building supporting infrastructure.