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Korea Denies Report on Discussing Chips

Korea Denies Report on Discussing Chips as First US Investment

TL;DRSouth Korea denies it's planning chips as its first US investment under a $350B pledge.

Why it matters: Unclear semiconductor investment plans signal potential delays in Korea's major US tech commitment.

South Korea denied a local media report that the government is discussing a semiconductor project as the first investment under its $350 billion commitment to the US.

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Source: Bloomberg Tech · Opens in new tab