South Korea plans to create a new “future response fund” financed by tax windfall from its booming semiconductor industry, including the latest AI-driven chip upswing, according to multiple reports. Yonhap, cited by Bloomberg, and a senior presidential official, reported by other outlets, say the fund will channel additional tax revenues into major national and industrial investment projects aimed at strengthening long-term economic competitiveness. The government describes the approach as using extra revenues carefully rather than spending them immediately at a critical time for the country’s future. The Korea Times reports that the fund is linked to the administration’s broader priorities, including three industrial megaprojects unveiled last week. In addition, officials say part of the money is intended to support younger people, including those in their 20s and 30s, though details of eligibility and programme design are not specified in the reports. The plans are discussed at a high-level meeting between the government and the ruling Democratic Party of Korea, with the presidential chief of staff outlining how the fund is meant to serve as an investment source for future generations.