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

CoinDesk· Shaurya Malwa· Jun 29, 2026 · 6:19 AM
South Korea’s $518 billion AI chip push shows crypto is still losing the capital race

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.

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