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South Korea’s $518 billion AI chip push shows crypto is still losing the capital race

Crypto CoinDesk By Shaurya Malwa 29 Jun 2026 06:19 1 min read
South Korea’s $518 billion AI chip push shows crypto is still losing the capital race

Samsung and SK Hynix are pulling a chip-plant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle that has drawn money away from crypto all year.

Samsung and SK Hynix are pulling a chip-plant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle that has drawn money away from crypto all year.

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