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SOUTH KOREA INVESTS $14B IN SOVEREIGN WEALTH FUND

South Korea plans to inject approximately $14 billion into its sovereign wealth fund to support strategic investments in artificial intelligence, data centers, and infrastructure. The move follows a significant downturn in the nation's tech stocks.

2 SOURCESFIRST SEEN JUL 31, 03:10 PM► READ THE ARTICLE

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South Korea plans to inject ~$14B into its sovereign wealth fund for strategic investments in AI, data centers, and infrastructure, after a rout in tech stocks (Haram Lim/Bloomberg)

Haram Lim / Bloomberg: South Korea plans to inject ~$14B into its sovereign wealth fund for strategic investments in AI,…

Techmeme+6d 18h

SK Hynix plans a $38B chipmaking expansion in South Korea, including a new ~$24.7B DRAM facility in Yongin and a ~$13.3B NAND fabrication plant in Cheongju (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg: SK Hynix plans a $38B chipmaking expansion in South Korea, including a new ~$24.7B DRAM facility…

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