Government Doubles Down on AI Support and Price Stabilization, Funded by AI-Boom Windfalls

研报英文原文证据摘录

Government Doubles Down on AI Support and Price Stabilization, Funded by AI-Boom Windfalls

Economics Research

30 June 2026 | 10:03AM KST

Government Doubles Down on AI Support and Price Stabilization,

Funded by AI-Boom Windfalls

Bottom line: Korea’s government announced the “3 Mega Projects”, a Irene Choi

+82(2)3788-1722 | irene.choi@gs.com

joint-ministerial long-term initiative that outlines massive public-private investment Goldman Sachs (Asia) L.L.C., Seoul

Branch

and infrastructure support across three core pillars: Semiconductors, Physical AI, and

Goohoon Kwon, CFA

AI Data Centers. Key commitments include KRW881trn for new semiconductor +852-2978-0048 |

production and packaging hubs outside the Seoul region, KRW30trn to support goohoon.kwon@gs.comGoldman Sachs (Asia) L.L.C.

emerging chip markets, KRW20trn for the AI transition in manufacturing, and

KRW550trn to expand AI data centers. Taken together with Samsung and SK Groups’

total investment plans, total AI-related investments could reach roughly 10% of GDP

per year over the next decade, with semiconductors accounting for about 6% of

GDP. Separately, the government announced updated measures, including KRW 1trn

in fiscal spending on agricultural subsides, an extension of the utility-price freeze

through December, and an approximately 10% cut in fuel-price caps by KRW150 per

liter.

Main points:

n Korea’s government announced the “3 Mega Projects”, a joint-ministerial

long-term initiative outlining massive public-private investment and

infrastructure support across three core pillars: Semiconductors, Physical AI, and

AI Data Centers (Exhibit 1).

n Under the first pillar focusing on semiconductors, the target is to bring forward

the completion of semiconductor hubs in the greater Seoul metropolitan area