South Korea Projects Record Tax Take as AI Memory Boom Lifts Chip Profits

South Korea now expects national tax revenue to hit a record 478.6 trillion won in 2026 as the AI-driven semiconductor cycle lifts profits at its largest chipmakers. The revised estimate turns the memory-chip boom into a fiscal event, giving Seoul more room for AI, chip infrastructure and long-term industrial spending while raising questions about how durable the windfall will be.