Bitcoin bottom might not be in as S.Korea announces massive $518 billion AI chip push - CoinDesk

South Korea's two largest chipmakers, Samsung Electronics and SK Hynix, have announced a $518 billion investment to build four new chip fabrication plants in response to surging demand for AI chips. T... Read original →

South Korea’s $518 billion bet on AI chips is a strategic pivot tying national semiconductor destiny to HBM and 3nm EUV roadmaps. This accelerates DRAM’s shift toward AI-optimized memory, squeezing commodity DRAM capacity and reshaping upstream material supply chains. Regulatory exposure intensifies as Samsung and SK Hynix deepen reliance on ASML’s EUV tools under tightening U.S.-Korea tech alignment. TSMC and UMC in Taiwan, China will likely fast-track CoWoS and HBM integration; Intel may leverage CHIPS Act subsidies to scale GAA transistors. Over the next 12–24 months, capital flight from volatile crypto assets like Bitcoin toward AI infrastructure will persist—miner-to-AI-hosting transitions are now structural. While HBM4 delays risk overcapacity, acute AI compute demand ensures pricing power remains firmly with hardware enablers.