Tech Daily

SK Group’s Billionaire Scion Bet on a Failing Chipmaker and Won Big

Chey Tae-won, chairman of SK Group, speaks during the Asia-Pacific Economic Cooperation CEO Summit in Lima, Peru.
Photographer: Manuel Orbegozo/Bloomberg

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By Yoolim Lee

November 28, 2024 at 12:05 PM UTC

The race to win the AI chip market is akin to Squid Game, quipped an industry insider during a lunch meeting recently. It’s intense. It’s dark at times. But in the end a big winner emerges in every segment of the supply chain. But first...

Three things you need to know today: