Back to Search Start Over

Taiwan Signals Openness to Nuclear Power Amid Surging AI Demand.

Authors :
Winkler, Matthew
Lin, Miaojung
Wu, Debby
Lee, Yian
Source :
Bloomberg.com; 10/21/2024, pN.PAG-N.PAG, 1p
Publication Year :
2024

Abstract

Taiwan's Premier Cho Jung-tai has expressed openness to utilizing new nuclear technology to meet the increasing electricity demands of chipmakers in the AI industry. This marks a potential shift in the government's stance on nuclear power, which has been opposed due to safety concerns since the Fukushima disaster in 2011. The surge in AI investment has put Taiwan's chipmakers, particularly TSMC, in the spotlight, prompting discussions on nuclear power as a means to ensure sufficient energy supply. Additionally, Taiwan is also focusing on bolstering its defense capabilities, with plans to increase defense spending to a record level in 2025. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
180389341