South Korea is exploring the creation of a state-backed "future response fund" financed by a record tax windfall from its AI-driven semiconductor boom, a move that would hand President Lee Jae Myung's government fresh fiscal firepower for a sweeping investment agenda. Presidential chief of staff Kang Hoon-sik told a senior policy meeting of the government and ruling party on July 5 that officials are studying the plan, according to reporting relayed by Bloomberg.
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