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South Korea's 2027 budget proposal rises 12.8% to 820.9 trillion won, according to CNBC Top News. The plan includes a 21.3 trillion won investment in semiconductors, physical AI and AI data centers. The government's stated goal is to build what it describes as the world's highest-performing sovereign AI model. The headline and excerpt do not provide further detail on the timeline or allocation breakdown.

1 outlet · 1 article · first seen Nov 2, 3:00 AM ET

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Stored closes for the instruments tied to this story's tags and places, with their dates.

  • XLK closed at 179.51, down 4.89%, on 2026-10-30. Listed for: Technology sector ETF.

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