AGP Executive Report
Last update: 11 hours agoAI Chip Power Shift: Nvidia CEO Jensen Huang says the company will spend about $150 billion a year in Taiwan and hire up to 4,000 for its new “epicenter” headquarters, underscoring how the island’s chip ecosystem now anchors the global AI boom. Market Mood: Taiwan shares pushed past 44,000 for the first time this month as tech rebounded on a U.S. rally, while SK hynix surged past $1tn in Seoul on AI-driven memory demand. Smuggling Probe: Taiwan suspects Nvidia chips were diverted to China via Japan transshipment, with prosecutors naming suspects tied to Super Micro in what they call the first public AI-chip diversion case. Cyber Warning: Taiwan’s digital authority flagged four Chinese-made apps as posing national-security risks due to data transmission patterns. Local Life: Taipei hit 38.3°C, its hottest May day so far, with cooling expected from Thursday. Justice & Health: An ex-Taipei ward chief was indicted over an inmate death, and singer Landy Wen moved from ICU to a general ward after septic shock.
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