Market Chatter: Taiwan's Science Ministry Cautions AI, Chip Funding Could be Hit by Spending Cuts-March 2024-www.financetom.com

Market Chatter: Taiwan's Science Ministry Cautions AI, Chip Funding Could be Hit by Spending Cuts

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Market Chatter: Taiwan's Science Ministry Cautions AI, Chip Funding Could be Hit by Spending Cuts

Dec 27, 2024 5:55 AM

08:22 AM EST, 12/27/2024 (MT Newswires) -- Taiwan's Ministry of Science and Technology said Friday that funding for semiconductors, AI and aerospace could drop by 20 billion Taiwanese dollars ($609.1 million) next year after opposition parties approved laws cutting economic and technology spending, Reuters reported.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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