Taiwan is “very open” to using new nuclear technology to meet surging demand from chipmakers devouring electricity in the AI boom, according to Premier Cho Jung-tai—one of the strongest signs yet that the government is rethinking its opposition to reactors.
“As long as there is a consensus within Taiwan on nuclear safety and a good direction and guarantees for handling nuclear waste, with this strong consensus, we can have a public discussion,” Cho said in an interview with Bloomberg News.
The opposition to nuclear power is getting harder to maintain given the incessant demand that the artificial intelligence boom is placing on chipmakers like Taiwan Semiconductor Manufacturing Co. Taiwan has raised electricity prices twice this year, with the latest being a 12.5 percent increase for industrial users that began earlier this month.
The Philippines and South Korea have also agreed to conduct a feasibility study on possibly rehabbing the Southeast Asian nation’s mothballed nuclear plant. “This is because we need to prepare for future nuclear technology developments and to respond to any potential legal changes inIN addition to boosting power demand, surging global investment in AI has also put Taiwan’s chipmakers, especially TSMC, in the spotlight because they make the vast majority of the world’s most-advanced semiconductors. The US, Japan and other governments have in turn sought to lure TSMC to build chip plants on their soil.
That hasn’t satisfied everyone. Former US President Donald Trump recently made comments to a columnist for the Washington Post that suggested Taiwan should boost spending on its armed forces to 10% of GDP. Cho, a former chairman of the ruling Democratic Progressive Party, said in response, “While we cannot allocate 10 percent of GDP to defense in one go, we have increased the budget compared to the past.
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