South Korea's $518bn AI chip push leaves crypto losing the capital race

Samsung and SK Hynix are accelerating their AI memory chip factory buildout by a decade to meet surging demand, in a combined investment worth $518 billion. The move is the largest and latest sign of a capital cycle that has consistently drawn investment away from cryptocurrency toward AI throughout 2026. Analysts say crypto continues to lose the race for institutional capital.

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💻 Technology South Korea bets $880bn on AI chips and data centres Bloomberg · 28d ago 💻 Technology Samsung and SK Hynix Sign $950 Billion AI Chip Deals with US Tech Firms TVN24 · 2d ago 📈 Business SK Hynix raises $26.5B in the biggest foreign IPO in US history TechCrunch · 17d ago

More on this topic

💻 Technology South Korea bets $880bn on AI chips and data centres Bloomberg · 28d ago 💻 Technology Samsung and SK Hynix Sign $950 Billion AI Chip Deals with US Tech Firms TVN24 · 2d ago 📈 Business SK Hynix raises $26.5B in the biggest foreign IPO in US history TechCrunch · 17d ago