Marvell to acquire Lumentum in $115B all-stock deal to bolster AI data center portfolio
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South Korea announced a record 21.3 trillion won AI budget for 2027, nearly double this year's allocation, focusing on semiconductors, physical AI, and AI data centers. The government will invest 4.7 trillion won in cutting-edge AI development to achieve top global performance for its own AI model, a national strategic asset. This signals a major state-led push to bolster national AI competitiveness, with implications for global tech supply chains and AI development.
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