AGP Executive Report
Last update: 4 hours agoAI Capital: Taiwan is at the center of AI growth, Nasdaq executive vice chairman Edward Knight said at Taiwan Weeks, citing the island’s 71% AI exposure and fourth-largest equity market capitalization worldwide. But surging chip stocks are making early-stage startups a tougher sell as investors weigh public-market returns against startup risk. Maritime Technology: Taiwan’s drone push is drawing local and foreign suppliers: a Tainan showcase featured uncrewed surface and underwater vessels as the government expands maritime monitoring amid Chinese pressure. Chip Investment: UMC approved an additional US$3.2 billion in capital spending to expand capacity for specialty and mature-node chips, while TSMC is reportedly assessing Sherman, Texas, for a possible US production hub; the site has not been confirmed. Biotech Funding: Singapore-based NeoSci Ventures raised US$53 million in the first close of a new fund targeting biotech and healthcare ventures across the US and Asia, with Taiwan’s National Development Fund and Catcher Technology among its backers.
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