This is news deliberately released by the ruling party for the sake of political struggle, because the opposition party wants to investigate the ruling party's corruption in government funds. It will not affect investment in Taiwan's technology industry at all. It is purely news released by political struggles.
Market Chatter: Taiwan's Science Ministry Cautions AI, Chip Funding Could be Hit by Spending Cuts
Taiwan's Ministry of Science and Technology said Friday that funding for semiconductors, AI and aerospace could drop by 20 billion Taiwanese dollars next year after opposition parties approved laws cutting economic and technology spending, Reuters reported.
$台積電(TSM)$ The market is crazy and short-sighted. The moat owned by TSM is a battleground in international regional politics. With such a deep moat, almost all the chips required for the future industrial revolution come from this company. TSM will eventually become a multinational enterprise. In order to avoid regional risks, it will invest and set up factories in all major countries. At present, the major shareholders are almost all capital from Europe, the United States, Japan and Taiwan, and are not just local companies in Taiwan. If Intel is willing to spin off the factory, maybe TSM can jointly establish a US branch with Intel, just like TSM did in Japan, establishing a joint venture with Japanese large compani
$台積電(TSM)$ I will be buying TSMC after this bullish correction. It is a key hub for artificial intelligence, electric vehicles and consumer electronics manufacturing.