WS #10977
South Korea government expects ~550 trillion won in AI data center investments and 81 trillion won for chip packaging cluster, boosting semiconductor supercycle. Apple seeks approval to buy China's CXMT chips; Tim Cook warns of price hikes due to AI-driven memory shortages, bullish for memory makers, bearish for AAPL margins. Baidu's AI chip unit Kunlunxin targets $50B Hong Kong IPO, bullish for BIDU and AI sector.
South Korea AI Mega-Investments
South Korea government expects ~550 trillion won in AI data center investments and 81 trillion won for chip packaging cluster, boosting semiconductor supercycle.
Apple seeks approval to buy China's CXMT chips; Tim Cook warns of price hikes due to AI-driven memory shortages, bullish for memory makers, bearish for AAPL margins.
Baidu's AI chip unit Kunlunxin targets $50B Hong Kong IPO, bullish for BIDU and AI sector.