How Taiwan Is Betting Big On AI To Power Its Economy
Taiwan's Strategic Push into AI
Taiwan has launched its 'Ten Major AI Infrastructure Projects,' an initiative designed to inject over 15 trillion New Taiwan dollars (approximately $510 billion) into its economy by 2040, Reuters reported on Wednesday.
This strategic move aims to leverage the island's established strengths in the information and communications technology (ICT) sector and its world-leading semiconductor industry to become a dominant force in the global AI landscape.At the heart of this initiative are three core technologies identified as strategic pillars: silicon photonics, quantum technology, and AI robotics.
Silicon photonics, a key area of focus for Taiwan Semiconductor and other industry leaders, is crucial for integrating chip innovation with the evolving demands of AI.
To cultivate a strong local ecosystem for AI robotics, Taiwan has also established the AI Robotics Industry Grand Alliance, with the backing of Foxconn Chairman Young Liu.
Furthermore, the government intends to build a comprehensive quantum technology supply chain, enhance sovereign AI capabilities, expand computing infrastructure, and ensure that AI development is balanced across all regions of the island.
To accelerate this transformation, the government will invest over 100 billion New Taiwan dollars ($3.08 billion) in AI-focused venture capital, aiming to create 500,000 jobs and establish three world-class research laboratories.
Stargate Project Setbacks Trigger Dip
Shares of Taiwan Semiconductor and its chipmaking peers, including Nvidia (NASDAQ:NVDA), Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO), and Qualcomm (NASDAQ:QCOM), fell on Tuesday after reports revealed deep internal conflicts between OpenAI's Sam Altman and SoftBank's (OTC:SFTBY) Masayoshi Son derailed the ambitious $500 billion Stargate AI project.
The feud stalled progress, slashed the project's scale to one smaller Ohio site, and triggered investor concerns, dragging down semiconductor stocks worldwide.
Price Action: TSM stock is trading higher by 1.19% to $237.40 premarket at last check Wednesday.
Photo by YAKOBCHUK V via Shutterstock
UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.
Get the latest stock analysis from Benzinga?
TAIWAN SEMICONDUCTOR (TSM): Free Stock Analysis Report
This article How Taiwan Is Betting Big On AI To Power Its Economy originally appeared on Benzinga.com
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
27 minutes ago
- Yahoo
Should You Buy XRP (Ripple) While It's Under $5?
Key Points XRP's value has surged nearly 480% in just 12 months. Deregulation, ETFs, and general crypto enthusiasm are driving the coin's value higher. XRP is priced for perfection, and it's looking increasingly like a speculative gamble. 10 stocks we like better than XRP › Cryptocurrency XRP (CRYPTO: XRP) has gained lots of attention from investors lately, resulting in a 480% increase over the past year. Whenever any type of investment rises that quickly, it's worth evaluating to see if it's worth owning. Unlike some cryptocurrencies, XRP (sometimes called Ripple) has real-world applications through its blockchain, which can act as a bridge currency in foreign transactions, saving both time and money compared to traditional financial transactions. But XRP's rapid value increase calls into question whether the crypto is overvalued right now, and if it's being driven higher simply because of investor sentiment. While XRP isn't necessarily a meme coin, here are three reasons why it may be best not to buy it right now. 1. It's very volatile If you're interested in owning cryptocurrencies, then it's likely that you're OK with some volatility. Any type of investment will have price swings, of course, but cryptocurrencies are more prone to make big movements on little to no news. While XRP isn't unique in its volatility, I think it's significant enough to dissuade some investors from owning it. Consider that back in February, XRP's value fell about 30% in just a five-week period. XRP regained its footing temporarily, but then fell 16% in just one week following the announcement of President Donald Trump's tariffs in early April. Those are just two examples of XRP's tendency toward volatility, both occurring within weeks of each other. Of course, the coin's value has subsequently rallied again, but if you're not used to investment value shifts to this degree and they might cause you undue stress or prompt you to take action without thinking, then it's probably best to stay away. 2. It's fairly speculative It's important to point out that some of the price movements XRP has experienced are tied to concrete reasons. For example, some of XRP's price gains over the past year have come from investors getting excited about crypto exchange-traded funds (ETFs) focused on XRP and the Trump administration taking a more open approach toward cryptocurrencies. But while crypto ETFs can signal more legitimacy for digital coins and open them up to more investors, there's still a lot of speculating involved. Some analysts have estimated that XRP's price could surge to $25 because of the launch of the ETFs -- only to see the value then fall by 90%. While that's just a prediction, it's a good representation of how speculative the price of XRP can be. What's more, XRP's value jumped more than 70% in the past month after the House of Representatives passed the Genius Act and the Digital Markets Clarity Act in the House, both of which clarify regulations for crypto and stablecoins. While it's good news for the industry, a 70% surge in XRP's price is likely unwarranted. Huge value movements over a short period, whether for stocks or crypto, often signal that investors are pushing up an investment solely based on how they feel. 3. It's already richly valued XRP's massive run lately means this crypto is priced for perfection. Its price already includes optimism around crypto deregulation, the launch of XRP ETFs, real-world usage of its blockchain, and a general optimism that's fueling a surge in crypto prices. In short, XRP is already on a huge run based on a handful of tangible reasons, and any more gains from here are likely purely built on the whims of crypto investors. Unlike stocks, cryptocurrencies don't have cash flow or earnings to judge their value by, and based on XRP's 480% jump over the past year, it looks like the coin's price is now detached from the already speculative metrics used to judge crypto values. Could XRP still go higher? Of course. Many cryptocurrencies have shown that they can continue to climb even without being tied to any concrete metrics. But there's no getting around the fact that buying XRP means you're paying a premium. And with optimism for XRP sky-high, any unmet expectations from the crypto could cause a substantial sell-off. Should you invest $1,000 in XRP right now? Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $636,628!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,063,471!* Now, it's worth noting Stock Advisor's total average return is 1,041% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends XRP. The Motley Fool has a disclosure policy. Should You Buy XRP (Ripple) While It's Under $5? was originally published by The Motley Fool
Yahoo
27 minutes ago
- Yahoo
SM Lee: Electing more opposition MPs to check Govt is 'wrong direction'; More teen births in 2024, gradual increase from 2022: Singapore live news
Senior Minister Lee Hsien Loong acknowledged on 26 July that the opposition is now a permanent feature of Singapore politics. He said the growing number of opposition Members of Parliament (MP) reflects a growing public desire for alternative voices in Parliament, a sentiment he described as "quite natural" and "quite understandable." He cautioned that this shift could lower the quality of governance and jeopardise Singapore's future. SM Lee said, "You can elect more opposition MPs to check the Government... but once you are set on that path, you are heading in the wrong direction." More teenagers in Singapore are becoming mothers, marking a reversal of a steady decline in teen births in the past 20 years, according to the Report on Registration of Births and Deaths 2024 released by the Immigration and Checkpoints Authority. In 2024, 244 babies were born to teens aged 19 or younger, up 7 per cent from 228 in 2023. There were 218 teen births in 2022. The Health Ministry also noted that in the past five years, the average age of pregnant teens was 18. Read more in our live blog below, including the latest local and international news and updates. More teen births in 2024, gradual increase from 2022 More teenagers in Singapore are becoming mothers, marking a reversal of a steady decline in teen births in the past 20 years, according to the Report on Registration of Births and Deaths 2024 released by the Immigration and Checkpoints Authority. In 2024, 244 babies were born to teens aged 19 or younger, up 7 per cent from 228 in 2023. There were 218 teen births in 2022. The Health Ministry also noted that in the past five years, the average age of pregnant teens was 18. Ms Melisa Wong, executive director at Babes Pregnancy Crisis Support, cited multiple factors behind the rise. She said that during the Covid-19 pandemic, many teens felt isolated or struggled with other negative emotions, and some may have engaged in unprotected sex to seek connection or to cope with whatever they were going through. Ms Wong added that while teens are exploring relationships at younger age, some may not use contraceptives for various reasons. She also pointed out that part of the increase in teen births may also be due to a decline in abortions. For more on Singapore's teen pregnancy stats, read here. SM Lee: Electing more opposition MPs to check Govt is 'wrong direction' Senior Minister Lee Hsien Loong acknowledged on 26 July that the opposition is now a permanent feature of Singapore politics. He said the growing number of opposition Members of Parliament (MP) reflects a growing public desire for alternative voices in Parliament, a sentiment he described as "quite natural" and "quite understandable." Despite the rise in opposition presence, the ruling People's Action Party (PAP) must continue to perform well and earn voter support to ensure the country's continued success, he said at a National Day dinner in Serangoon. Following the 2025 General Election, the 15th Parliament will have 12 opposition MPs, including two Non-Constituency MPs – the same number as in the 2020 General Election. SM Lee stated, "The opposition is here to stay in Singapore politics. But in order for Singapore to keep on doing well, the Government has to continue to hold its own, and to win votes and to win seats in elections." If the ruling party weakens, it could become more difficult to form teams, govern well, and garner support for policies, he warned. He cautioned that this shift could lower the quality of governance and jeopardise Singapore's future. SM Lee said, "You can elect more opposition MPs to check the Government... but once you are set on that path, you are heading in the wrong direction." SM Lee urged called for striking the right balance between having stronger alternative voices in government, and supporting and electing an effective government that can make tough, long-term decisions in the nation's interest. He stressed that the country needs a capable government to maintain high standards and navigate challenges, especially given global uncertainties. SM Lee concluded by saying he was heartened that Singaporeans recognised the importance of strong leadership and had given the PAP a firm mandate in the May election, where it received 65.57 per cent of the popular vote – up from 61.24 per cent in 2020. For more on SM Lee's National Day dinner remarks, read here. More teen births in 2024, gradual increase from 2022 More teenagers in Singapore are becoming mothers, marking a reversal of a steady decline in teen births in the past 20 years, according to the Report on Registration of Births and Deaths 2024 released by the Immigration and Checkpoints Authority. In 2024, 244 babies were born to teens aged 19 or younger, up 7 per cent from 228 in 2023. There were 218 teen births in 2022. The Health Ministry also noted that in the past five years, the average age of pregnant teens was 18. Ms Melisa Wong, executive director at Babes Pregnancy Crisis Support, cited multiple factors behind the rise. She said that during the Covid-19 pandemic, many teens felt isolated or struggled with other negative emotions, and some may have engaged in unprotected sex to seek connection or to cope with whatever they were going through. Ms Wong added that while teens are exploring relationships at younger age, some may not use contraceptives for various reasons. She also pointed out that part of the increase in teen births may also be due to a decline in abortions. For more on Singapore's teen pregnancy stats, read here. More teenagers in Singapore are becoming mothers, marking a reversal of a steady decline in teen births in the past 20 years, according to the Report on Registration of Births and Deaths 2024 released by the Immigration and Checkpoints Authority. In 2024, 244 babies were born to teens aged 19 or younger, up 7 per cent from 228 in 2023. There were 218 teen births in 2022. The Health Ministry also noted that in the past five years, the average age of pregnant teens was 18. Ms Melisa Wong, executive director at Babes Pregnancy Crisis Support, cited multiple factors behind the rise. She said that during the Covid-19 pandemic, many teens felt isolated or struggled with other negative emotions, and some may have engaged in unprotected sex to seek connection or to cope with whatever they were going through. Ms Wong added that while teens are exploring relationships at younger age, some may not use contraceptives for various reasons. She also pointed out that part of the increase in teen births may also be due to a decline in abortions. For more on Singapore's teen pregnancy stats, read here. SM Lee: Electing more opposition MPs to check Govt is 'wrong direction' Senior Minister Lee Hsien Loong acknowledged on 26 July that the opposition is now a permanent feature of Singapore politics. He said the growing number of opposition Members of Parliament (MP) reflects a growing public desire for alternative voices in Parliament, a sentiment he described as "quite natural" and "quite understandable." Despite the rise in opposition presence, the ruling People's Action Party (PAP) must continue to perform well and earn voter support to ensure the country's continued success, he said at a National Day dinner in Serangoon. Following the 2025 General Election, the 15th Parliament will have 12 opposition MPs, including two Non-Constituency MPs – the same number as in the 2020 General Election. SM Lee stated, "The opposition is here to stay in Singapore politics. But in order for Singapore to keep on doing well, the Government has to continue to hold its own, and to win votes and to win seats in elections." If the ruling party weakens, it could become more difficult to form teams, govern well, and garner support for policies, he warned. He cautioned that this shift could lower the quality of governance and jeopardise Singapore's future. SM Lee said, "You can elect more opposition MPs to check the Government... but once you are set on that path, you are heading in the wrong direction." SM Lee urged called for striking the right balance between having stronger alternative voices in government, and supporting and electing an effective government that can make tough, long-term decisions in the nation's interest. He stressed that the country needs a capable government to maintain high standards and navigate challenges, especially given global uncertainties. SM Lee concluded by saying he was heartened that Singaporeans recognised the importance of strong leadership and had given the PAP a firm mandate in the May election, where it received 65.57 per cent of the popular vote – up from 61.24 per cent in 2020. For more on SM Lee's National Day dinner remarks, read here. Senior Minister Lee Hsien Loong acknowledged on 26 July that the opposition is now a permanent feature of Singapore politics. He said the growing number of opposition Members of Parliament (MP) reflects a growing public desire for alternative voices in Parliament, a sentiment he described as "quite natural" and "quite understandable." Despite the rise in opposition presence, the ruling People's Action Party (PAP) must continue to perform well and earn voter support to ensure the country's continued success, he said at a National Day dinner in Serangoon. Following the 2025 General Election, the 15th Parliament will have 12 opposition MPs, including two Non-Constituency MPs – the same number as in the 2020 General Election. SM Lee stated, "The opposition is here to stay in Singapore politics. But in order for Singapore to keep on doing well, the Government has to continue to hold its own, and to win votes and to win seats in elections." If the ruling party weakens, it could become more difficult to form teams, govern well, and garner support for policies, he warned. He cautioned that this shift could lower the quality of governance and jeopardise Singapore's future. SM Lee said, "You can elect more opposition MPs to check the Government... but once you are set on that path, you are heading in the wrong direction." SM Lee urged called for striking the right balance between having stronger alternative voices in government, and supporting and electing an effective government that can make tough, long-term decisions in the nation's interest. He stressed that the country needs a capable government to maintain high standards and navigate challenges, especially given global uncertainties. SM Lee concluded by saying he was heartened that Singaporeans recognised the importance of strong leadership and had given the PAP a firm mandate in the May election, where it received 65.57 per cent of the popular vote – up from 61.24 per cent in 2020. For more on SM Lee's National Day dinner remarks, read here.
Yahoo
27 minutes ago
- Yahoo
AGC's Group Company in Southeast Asia Obtains International Sustainability and Carbon Certification, "ISCC PLUS Certification"
TOKYO, July 28, 2025--(BUSINESS WIRE)--AGC (AGC Inc., Headquarters: Tokyo; President: Yoshinori Hirai) (TOKYO:5201), a world-leading manufacturer of glass, chemicals and other high-tech materials, has announced that its group company PT Asahimas Chemical (ASC, Headquarters: Indonesia), has recently obtained ISCC PLUS Certification*, one of the international certification systems for sustainable products. This certification confirms that biomass-derived raw materials and renewable raw materials (including those derived from renewable energy) are managed sustainably throughout the entire supply chain, including the manufacturing process, in accordance with ISCC standards, and that the traceability is ensured. This certification enables ASC to handle ISCC PLUS-certified products such as Caustic soda, Vinyl chloride monomer (VCM), and Polyvinyl chloride resin (PVC), thereby strengthening its product portfolio. Additionally, ASC will be able to provide customers who are actively promoting sustainability with products that meet international standards. The following products in the Chemicals Segment of the AGC Group have currently obtained this certification. Certified companies and sites Representative products certified Date of certification PT Asahimas Chemical Anyer plant (Indonesia) Caustic sodaVinyl chloride monomer (VCM)Polyvinyl chloride resin (PVC)Hydrochloric acidSodium hypochloriteEthylene dichloride (EDC) June 2025 AGC Vinythai Public Company Limited Map Ta Phut plant 1 (Thailand) Epichlorohydrin "EPINITY™" July 2023 Under its long-term management strategy "Vision 2030", the AGC Group has set "Sustainability Management" as one of its key strategies. By providing these certified products, the Group will promote initiatives that reduce environmental impact throughout the entire value chain - from the procurement of raw materials to customer use - thereby contributing to the realization of a sustainable global environment. [Remark]* ISCC (International Sustainability and Carbon Certification) PLUS Certificationhttps:// View source version on Contacts MEDIA INQUIRIESAGC Communications & Investor Relations DivisionContact: info-pr(at) inquiresAGC CompanyContact: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
