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Taiwan chips in over US$103 million to boost AMD’s R&D center initiative

Following Nvidia’s footsteps, AMD is set to establish an R&D center in Taiwan. The project has received approval from the Ministry of Economic Affairs (MOEA) under its “Global R&D Innovation Partner Program,” with AMD slated to receive over NT$3.3 billion (approx. US$103 million) in subsidies. However, the first phase of the funding has been delayed for two months before being scheduled for review by the Legislative Yuan.