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Taiwan says its companies plan to invest another $20 billion in US
Taiwanese companies are planning another $20 billion in U.S. investments as AI orders drive new spending, the economy minister said.
- On Wednesday, Taiwan Economy Minister Kung Ming-hsin announced $20 billion in planned Taiwanese company investments in the U.S., driven by strong demand for artificial intelligence applications.
- The U.S. has pushed for increased Taiwanese investment as part of broader efforts to boost domestic semiconductor manufacturing, viewing Taiwan as a critical technology partner despite lacking formal diplomatic ties.
- TSMC announced in July a further $100 billion investment in Arizona, bringing its total planned U.S. investment to $265 billion; beyond TSMC, Taiwan identified additional companies ready to invest the $20 billion.
- Bill Frauenhofer, executive director of semiconductor investment and innovation at the Commerce Department, welcomed the announcement, stating the projects demonstrate "continued shared commitment to a secure, resilient and innovative semiconductor and electronics supply chain."
- While AI chip orders remain "extremely lively," President Donald Trump has previously criticized Taiwan for "stealing" American semiconductor business, a perception Taiwan's government says is unfair.
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(Seoul = Yonhap News) Reporter Kwon Sook-hee = Driven by the artificial intelligence (AI) craze, Taiwanese companies plan to invest an additional $20 billion (approximately 27 trillion won) in the United States, according to Gong Ming...
·Seoul, Korea (the Republic of)
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Taiwan says its companies plan to invest another $20 billion in US
·London, United Kingdom
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Taiwan Firms Plan $20 Billion More US Investment as AI Demand Surges
Taiwanese companies are planning an additional $20 billion in investment in the United States, driven largely by strong demand for artificial intelligence and semiconductor technologies. The move comes as Washington pressures Taiwan’s technology industry to expand its US presence and strengthen domestic semiconductor production. Taiwanese Investment Expands Taiwan’s Economy Minister Kung Ming-hsin said the government […] The post Taiwan Firms Pl…
·Plovdiv, Bulgaria
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Coverage Details
Total News Sources11
Leaning Left0Leaning Right6Center3Last UpdatedBias Distribution67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
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