The United States and South Korea will 'coordinate' their semiconductor investments.

John Kirby, the National Security Council's coordinator for strategic communications, stated on Tuesday that South Korea and the United States will "coordinate" their chip investments in response to a Financial Times report stating that Washington requested Seoul not to fill any market gaps if Beijing prohibits a U.S. memory chipmaker from selling chips.

"What I can say is that the Biden administration and the Yoon....