South Korea’s President Lee Jae Myung is expected to unveil a large-scale investment drive focused on artificial intelligence (AI) and semiconductors, according to multiple reports. The planned announcement is described as the president’s biggest push yet to advance South Korea’s AI and chip ambitions. Reporting links the investment drive to political goals beyond industrial growth, including efforts to narrow regional disparities and revive economic activity outside the Seoul metropolitan area. Local media cited by Channel NewsAsia (CNA) indicate the investments could exceed 1,000 trillion won, which is reported as roughly US$651.41 billion, spread over the coming years. While the outlets agree on the central thrust—AI and chip spending and its regional development rationale—the reports provide limited detail on the specific program structure, funding mechanisms, participating firms, or timelines beyond the multi-year scope. The announcement is expected to be made by President Lee, as outlined in the referenced coverage.