Liquefied natural gas (LNG) is regaining strategic importance as the government reassesses its energy mix to support massive investments in artificial intelligence (AI) data centers and semiconductor manufacturing, while a prolonged global boom in LNG strengthens prospects for the country’s broader LNG supply chain. Seoul is reconsidering LNG’s domestic role after previously planning to reduce its share in the country’s power mix under long-term decarbonization targets.

WASHINGTON — SK Group Chairman Chey Tae-won said Friday that South Korean chip giant SK hynix’s debut on the tech-heavy Nasdaq is a “historical moment” and a “dream come true,” expressing his expectation for the group’s large-scale investment in the artificial intelligence (AI) sector. Chey made the remarks during a CNBC interview after the chipmaker made its Nasdaq debut through the listing of its American depositary receipts.

NEW YORK — Shares of Korean memory chipmaker SK hynix rose 12. 8 percent as they made their debut on Wall Street, at a time demand for chips is surging thanks to the frenzy around artificial intelligence.