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AI foundry model could reshape global tech manufacturing

Former Taiwan Minister of Science and Technology, Chen Liang-gee, expressed confidence that the artificial intelligence (AI) industry will not succumb to a short-term bubble but is poised for continued expansion. Chen pointed to signs such as Oracle Corp.’s regained market momentum following major contracts with OpenAI and rising revenues among electronic design automation (EDA) vendors from system clients as indicators of AI’s sustained growth.