Taiwan Ministry of Economic Affairs Confirms $20 Billion Investment in US by Local Firms

The Taiwan Ministry of Economic Affairs has confirmed that Taiwanese companies are increasing their investments in the United States by $20 billion. Minister of Economic Affairs Kung Ming-hsin stated that this expansion is driven by strong demand for AI and semiconductor products, with major investments coming from semiconductor manufacturers, supply chain firms, and AI server companies. This follows a previous announcement of $35 billion in investments by 20 related firms in May. Future collaborations are expected to expand into sectors such as biotechnolo