South Korea Bets $880B on AI Chips & Data Centers | The Pulse 6/29/2026

Posted on 06/29/2026
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South Korea is orchestrating investments of at least $880 billion from companies including Samsung and SK Hynix into chips and data centers. It says the giant outlay in digital infrastructure is essential to surviving the AI era.

The US and Iran have agreed to stop attacking each other before peace talks resume this week over the Strait of Hormuz and other issues, paving the way to end days of tit-for-tat attacks that tested a fragile truce.

Andy Burnham will pledge the biggest devolution of power in England in modern times in his first major speech since confirming his intention to succeed Keir Starmer as the UK’s prime minister.

Today's guests: Marieke Blom, ING Chief Economist and Global Head of Research; Eirik Lie, Kongsberg CEO; Jeremy Allaire, Circle CEO; Frank Smets, Bank for International Settlements Acting Head of the Monetary & Economic Department
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.



Chapters:

00:00:00 - The Pulse with Francine Lacqua

00:00:41 - Tech market roundtable: Bloomberg's Shona Gosh & ING's Marieke Blom

00:13:07 - US, Iran to hale attacks ahead of talks

00:14:34 - Eirik Lie, Kongsberg, CEO

00:23:46 - Monday headlines

00:24:16 - EU Trade chief to talk imbalances with Chinese counterparts

00:27:14 - Jeremy Allaire, Circle, CEO

00:37:23 - Kevin Warsh to make debut on global stage

00:39:57 - Frank Smets, Bank of International Settlements, Acting Head of Monetary & Economic Department

00:47:10 - Rafael Nadal on Serena Williams returning to Wimbledon

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