South Korea spends 800 trillion won to build four chip factories, with Samsung and SK Hynix's plants moving up by ten years.

Reading this news in the context of the crypto market, it is a structural warning of capital diversion.
Wall Street consensus shifts to hardware, capital expenditure, and cash flow, with crypto narratives falling out of favor.
The BIS warns that excessive AI spending could lead to financial risks, but capital won't wait for warnings—it drains the crypto market to fill AI's capex black hole.
South Korea was excluded from the MSCI Developed Markets, with foreign investors posting a net sell-off of 7.7 trillion won in a single day, the won hitting a 17-year low, but the semiconductor sector turned positive in the afternoon.
Bitcoin fell below $59k, with ETFs seeing net outflows for seven consecutive weeks.
AI's capex cycle is measured in decades, while the crypto market is still waiting for the next catalyst.
When the world's most expensive money flows into chip factories and data centers, crypto asset holders need to ask themselves: where will the next buying pressure come from?
$btc #etf #ai #区块链 #crypto market