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AI

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.

Originally on CoinDesk →
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CoinDesk

Contributor

Jun 29, 2026

1 min read

Photo illustration / STKR News

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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