South Korean President Yoon Suk Yeol announced a $7 billion investment in artificial intelligence (AI) by 2027 to maintain its global dominance in semiconductor chips. What Happened: The investment includes a 1.4 trillion won fund to support AI semiconductor firms. This is part of South Korea’s strategy to keep up with the United States, China, and Japan, who are also investing heavily in their semiconductor supply chains, reported CNN. Semiconductors are vital to South Korea’s export-driven economy. In March, chip exports reached a 21-month high, nearly a fifth of the country’s total exports….