Taiwan's consumer confidence index (CCI) rebounded in May, rising by 8.83 from April to hit 72.2, mainly due to a bullish stock market that has stayed above 21,000 points, according to the latest monthly Taiwan Consumer Confidence Index Report released by National Central University (NCU).
Solid demand for emerging technologies such as artificial intelligence applications pushed up Taiwan's industrial production for a second straight month in April, according to the Ministry of Economic Affairs (MOEA).
Advanced Micro Devices, Inc. (AMD), a U.S.-based artificial intelligence chip designer, has applied with the Ministry of Economic Affairs (MOEA) to set up a research and development center in Taiwan as part of the government's "A+ global R&D and innovation partnership program," the MOEA said Monday.
Riding the wave of booming emerging technologies, in particular artificial intelligence development, Taiwan's export orders for April rose more than 10 percent, beating an earlier Ministry of Economic Affairs (MOEA) estimate, the ministry said Monday.
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