South Korea’s $518 billion AI chip push shows crypto is still losing the capital race

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Samsung and SK Hynix are pulling a chip-plant buildout forward by a decade to meet AI memory demand. It is the latest and largest sign of the AI capital cycle that has drawn money away from crypto all year.

source https://www.coindesk.com/markets/2026/06/29/south-korea-s-usd518-billion-ai-chip-push-shows-crypto-is-still-losing-the-capital-race

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