A gargantuan 500 billion won (approximately $329 million) in R&D is estimated to be invested by the South Korean government to mass produce next-generation power semiconductors under the “Ultra-Innovation Economy Project.” While it’s understood that these chips are required in AI data centers, a report states that these are being viewed as the next cash cow, as manufacturers like Samsung and SK hynix are already reaping the rewards of DRAM manufacturing. There’s exceptional potential from increased manufacturing of power semiconductors for AI data centers, but there’s also a chance to boost competitiveness in energy, mobility, and defense The total funding […]

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