KOSPI clawed back from -3.4%, and the market clearly took the hint. But after 800 trillion Korean won got thrown in, Samsung and SK’s two new fabs plus DRAM doubling—this capacity arms race looks set to drive memory “race-to-the-bottom” competition to a whole new peak.

CoinWorld News: South Korean President Lee Jae-myung declared AI as a "total war" and plans to invest $518 billion to compete in the global AI race. He warned, "Speed is the only way to survive." Samsung and SK will each build two new chip factories as part of a total 800 trillion won (approximately $518 billion) AI push. South Korea also plans to double DRAM production capacity by 2035, build 18.4 GW of AI data centers, and spend 30 trillion won (approximately $19.4 billion) on next-generation memory. After these plans were announced, the Korea Composite Stock Price Index (KOSPI) erased a 3.4% decline.