US President Joe Biden and South Korean President Yoon Suk Yeol tour a Samsung chip factory in 2022. Photo: KIM Min-Hee / POOL/AFP/FileSouth Korea will invest almost $7 billion in artificial intelligence by 2027 in an effort to become a global leader in cutting-edge semiconductors, President Yoon Suk Yeol said Tuesday.
"It is no exaggeration to say that the future of the semiconductor industry depends on AI," Yoon said, according to his office. "The semiconductor competition taking place now is an industrial war and an all-out war between nations."
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