W

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

Business Management
Share
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.

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

Source：CoinDesk

Disclaimer：Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

An AI label alone no longer wins lenders, JPMorgan says

As default insurance on several AIlinked firms hits record costs, companies must show they can finance investment, service the debt and eventually mint cash,…

Binance files for Brazil crypto license ahead of Friday deadline

The exchange is delisting 22 crypto assets for Brazilian users and hopes talks with the central bank will allow it to restore some services.…

Solana bug reports now cost 1 SOL as AI floods security teams with spam

Researchers must now permanently burn 1 SOL for every submission after a monthlong contest drew 809 reports, with AI believed to have helped generate or write…

Bitcoin ETFs claw back $110M after $774M exit

US spot Bitcoin ETFs remained in the red for October, with about $202 million in net outflows for the month despite Monday’s rebound. Source：Cointelegraph

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