US EditionTaiwan's AI-powered economy soars in the shadow of bubble fears and China threats
Taiwan's AI-driven growth boosts tech wages and stock market by nearly 250%, but raises concerns over wealth inequality and geopolitical tensions with China.
- Last year, Taiwan's economy grew at an 8.6% pace, with TSMC's profit jumping 65% to 1.7 trillion Taiwan dollars and the Taiex climbing nearly 250%.
- TSMC and Foxconn are powering Taiwan's shift to advanced semiconductor fabrication, with TSMC producing more than 90% of the world's most advanced chips and Nvidia planning a new Taiwan headquarters.
- Suppliers like Asia Vital Components' chairman Spencer Shen invest in AI server R&D, while Fitch Ratings analysts say AI demand remains strong near term, but long-term risks depend on AI evolution and policies, and TSMC's chairman C.C. Wei warns of careful management for this year's $52-$56 billion spending.
- Companies are drawing up contingency plans because Beijing has stepped up pressure, conducting military drills in late December that included live rounds landing closer to the island, despite the 'silicon shield' belief.
- A major supply-chain disruption would threaten global tech companies and Chinese industries, as TSMC and Foxconn expand offshore while risks from Taiwan's reliance persist, Wu warned.
17 Articles
17 Articles
The Seattle Times
My Mother LodeTaiwan’s AI-powered economy soars in the shadow of bubble fears and China threats
Taiwan's economy is thriving thanks to the boom in artificial intelligence, driven by strong demand for computer chips and other products made by companies like TSMC and Foxconn.
Associated Press News
Taiwan's AI-powered economy soars in the shadow of bubble fears and China threats
Taiwan's economy is thriving thanks to the boom in artificial intelligence, driven by strong demand for computer chips and other products made by companies like TSMC and Foxconn.
Taiwan’s AI-powered economy soars in the shadow of bubble fears
In Taipei, real estate agent Jason Sung is betting that home prices around a high-tech industrial park in the northern part of Taiwan’s capital will soon take flight – because of computer chip maker Nvidia. The area is where Nvidia plans to build its new Taiwan headquarters as it rapidly expands on the island, set […] The post Taiwan’s AI-powered economy soars in the shadow of bubble fears appeared first on MACAU DAILY TIMES 澳門每日時報.
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