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South Korean tech giants commit over $550B to ease ‘ RAMageddon’

Monday, June 29, 2026


South Korea's two largest memory chip manufacturers have announced plans to invest over $550 billion in new manufacturing facilities. The investment aims to increase memory chip production capacity. South Korea is seeking to strengthen its position in the artificial intelligence technology sector through expanded semiconductor manufacturing capabilities.

Original reporting: https://techcrunch.com/2026/06/29/south-korean-tech-giants-commit-over-550b-to-ease-ramageddon/

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