South Korea’s government says it will use a surge in tax revenue linked to booming artificial intelligence chipmakers to finance public spending. According to the presidential office, the windfall comes as global demand for advanced memory chips used in AI data centres drives record profits for South Korean semiconductor firms. The government plans to place the additional tax income into a new state fund intended to support public infrastructure projects and other programmes. Reporting also indicates that the planned spending includes broader economic measures, such as backing housing and job initiatives, including efforts aimed at younger people. The proposal frames the windfall as a temporary period of heightened earnings for the domestic semiconductor sector that can be converted into funding for public investment. While the outlets describe slightly different emphases—ranging from infrastructure to housing and employment—they all describe the same central approach: channeling increased tax receipts from AI-linked chip production into a state fund for government priorities.