Source: Financial Times (paywall)
Samsung, SK Hynix, and other Korean conglomerates are deploying chip-manufacturing capital into American fabs and supply chains at unprecedented scale, driven by global demand for AI infrastructure and US government incentives (CHIPS Act subsidies). This marks a structural shift in semiconductor geography: Korean companies are moving beyond exports to build domestic production capacity, betting on America as a long-term manufacturing hub and hedging against China supply-chain risk.