Updated
Updated · Bloomberg · Jul 10
SK Group Plans US Investment Far Above $35 Billion, Chey Says
Updated
Updated · Bloomberg · Jul 10

SK Group Plans US Investment Far Above $35 Billion, Chey Says

3 articles · Updated · Bloomberg · Jul 10

Summary

  • SK Group is preparing a US investment plan that Chairman Chey Tae-won said would be far larger than the more than $35 billion the conglomerate has already committed.
  • Bloomberg reported Chey described the target as “much, much, much bigger” than $35 billion in an interview aired Monday.
  • The remarks point to a significant expansion of SK’s US spending footprint, though Chey did not disclose a total figure, timing or specific projects.

Insights

How will SK's massive US bet on AI chips navigate the industry's volatile boom-and-bust cycles?
Will SK Group's new American 'AI factories' shift the global semiconductor supply chain away from Asia?