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Articles tagged South Korea in Americas
South Korea Chooses Texas for Initial US Investment, Focusing on Semiconductor and AI Infrastructure
South Korea has selected a combined-cycle gas-fired power plant in Encinal, Texas, as its first investment under a $350 billion strategic initiative, aimed at supporting rapidly growing electricity demand for semiconductor factories and AI data centers. This marks the beginning of South Korean investments in the United States, focusing on areas critical for technology and energy sectors.