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South Korea's Samsung Electronics is expected to announce a record domestic investment plan next week, according to local media reports, in a massive bet on AI-driven semiconductor demand. A Samsung store in Shenzhen, China, in April 2024 The 1,000 trillion won (US$650 billion) package, to be announced by the chip giant and the government, is in line with President Lee Jae Myung's agenda for development in regions outside of the capital Seoul. Lee will host a "National Mega P

Elon Musk's SpaceX is projected to invest a minimum of $55 billion in Texas to establish a semiconductor manufacturing plant, aiming to supply hardware across his entire corporate ecosystem. Elon Musk CEO of Spacex According to The New York Times, the sheer scale of billionaire Elon Musk's ambitious plan to construct a massive computer chip factory in Texas is gradually coming to light. This information was disclosed in a public hearing notice filed on May 7 in Grimes County,