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Korea to Invest 800.2 Billion Won in 10 Homegrown AI Chips

The Korean government develops 10 domestically developed artificial intelligence chips The government will invest a total of 800.2 billion won, equivalent to about $528.88 million, to develop 10 domestically developed artificial intelligence chips tailored to the needs of customer companies. The Ministry of Trade, Industry and Energy held the 2026 M.AX Alliance AI Semiconductor First-Half General Assembly at the EL Tower in Yangjae, Seoul on Jun…
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businesskorea.co.kr broke the news on Monday, June 15, 2026.
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