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(News Focus) Lee advances S. Korea's AI chip hub vision with U.S. deals, S. America critical mineral cooperation

ROK AIR FORCE ONE, Aug. 2 (Yonhap) -- President Lee Jae Myung has taken a major ...

(News Focus) Lee advances S. Korea's AI chip hub vision with U.S. deals, S. America critical mineral cooperation

President Lee Jae Myung's recent international trip bolstered South Korea's aspirations to become a leading artificial intelligence (AI) semiconductor hub. His itinerary included meetings with tech industry leaders in San Francisco and negotiations with South American nations on critical mineral cooperation. The discussions resulted in $950 billion in potential cooperation deals, with SK hynix committing to supply $750 billion worth of high-performance chips to Nvidia and other firms.

President Lee emphasized his commitment to establishing South Korea as a trusted production base and supply partner for AI chips, aiming to become a cornerstone in the AI supply chain amid the global AI surge. The trip also facilitated critical mineral cooperation with Brazil, Chile, and Argentina, securing stable supplies of copper and lithium, essential for chip manufacturing and the broader tech industry.

Written by urgent.news from Yonhap News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at en.yna.co.kr →

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