AGP Executive Report
Last update: 11 hours agoAI and Chips: Taiwan is becoming a central hub for AI investment, Nasdaq’s Edward Knight said, citing the island’s 71% AI exposure and fourth-largest equity market capitalization worldwide. But soaring chip stocks are making early-stage startups harder to sell to investors. TSMC is weighing a new Texas hub near Samsung’s facilities, while UMC approved US$3.2 billion in added investment as factory utilization reached 92%. Manufacturing: Taiwan’s October factory activity remained in expansion, though momentum eased. Lite-On reported a 60% jump in quarterly profit and plans to invest another US$320 million in its Vietnam subsidiaries. Uncrewed Systems: Taiwan’s NT$240 billion drone-defense budget is drawing local and overseas suppliers to compete for maritime and aerial systems contracts. Growth: Third-quarter GDP rose 14.36% year on year, with AI-related exports and stronger domestic investment both contributing.
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