SK Hynix

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Markets1 Nov 2026

South Korea pledges $610 billion budget to build top sovereign AI

South Korea revealed a record budget for 2027, pouring funds into sovereign AI, chip manufacturing, and data infrastructure amid surging semiconductor exports.

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Words to know

semiconductorsMaterials that conduct electricity better than insulators but worse than good conductors, vital for computer chips.Sovereign AIA nation's capability to produce artificial intelligence using its own infrastructure, data, workforce, and business networks.YieldThe share of chips on a wafer that work.