South Korea Bets $880B on AI Chips & Data Centers | The Pulse 6/29/2026

By Bloomberg Television

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South Korea is orchestrating investments of at least $880 billion from companies including Samsung and SK Hynix into chips and data centers. It says the giant outlay in digital infrastructure is essential to surviving the AI era. The US and Iran have agreed to stop attacking each other before peace talks resume this week over the Strait of Hormuz and other issues, paving the way to end days of tit-for-tat attacks that tested a fragile truce. Andy Burnham will pledge the biggest devolution of power in England in modern times in his first major speech since confirming his intention to succeed Keir Starmer as the UK’s prime minister. Today's guests: Marieke Blom, ING Chief Economist and Global Head of Research; Eirik Lie, Kongsberg CEO; Jeremy Allaire, Circle CEO; Frank Smets, Bank for International Settlements Acting Head of the Monetary & Economic Department -- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global bu

Tags: Brendan Murray, Chipmakers, Eirik Lie, Francine Lacqua, Frank Smets, Iran, Jamie Rush, Jeremy D. Allaire, Jon Herskovitz, Kongsberg Gruppen ASA, Korea, Marieke Blom, Markets, Middle East, Qatar, SK Hynix, Samsung, Shona Ghosh, South Korea, Strait of Hormuz

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