SK Group goals to safe $56bn by 2026 to put money into AI and chips

SEOUL — South Korea’s SK Group goals to provide you with 80 trillion received ($56 billion) by 2026 to speculate primarily in synthetic intelligence and semiconductors, because it seems to safe its chipmaking unit’s place as the important thing provider of superior reminiscence to Nvidia and different AI gamers.

The nation’s second-largest conglomerate introduced on Monday that its prime executives agreed throughout a two-day assembly over the weekend that the corporate would use cash secured by enhancing profitability, optimizing its enterprise construction and creating synergies to put money into high-bandwidth reminiscence (HBM) chips, knowledge facilities and customized AI assistant companies to strengthen its provide chains for the rising know-how.



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