South Korea’s $518 billion AI chip push shows crypto is still losing the capital race
Samsung and SK Hynix are investing $518 billion into new chip fabrication plants in South Korea to meet the surging global demand for AI-focused high-bandwidth memory. This massive capital allocation is drawing investor interest away from the cryptocurrency market, which is struggling to compete for risk capital.
Why it matters
The massive shift in capital toward AI infrastructure highlights a broader trend where institutional investment is prioritizing AI hardware over digital assets.
Samsung Electronics and SK Hynix plan to invest roughly 800 trillion won, about $518 billion, to build four new chip fabrication plants in South Korea's southwest, the firms said Monday , as part of a national plan to double the country's output of DRAM, or the standard memory used in phones and computers, over five years.
The article reports on market trends and corporate investment strategies using objective financial data and industry analysis.
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