Taiwan is a small island off the coast of China that is roughly one fourth the size of North Carolina. Despite its size, Taiwan has made significant waves in the fields of science and technology. In the 2019 Global Talent Competitiveness Index Taiwan (labeled as Chinese Taipei) ranked number 1 in Asia and 15th globally. However, despite being ahead of many countries in terms of technological innovation, Taiwan was still looking for further ways to improve and support research within the country. Therefore, in 2017 the Taiwan Ministry of Science and Technology (MOST), initiated an AI innovation research program in order to promote the development of AI technologies and attract top AI professionals to work in Taiwan.
Shares of AMD, which will report earnings next week, rose 1% to a record high. Nvidia shares were also up 1%. Intel's stock was up 8.6% at $68.75, a level it has not seen since the peak of the dotcom boom in 2000, propelling the broader Nasdaq and the Philadelphia SE Semiconductor Index to record highs. Other major chipmakers such as Taiwan Semiconductor Manufacturing Co Ltd (TSMC) and Texas Instruments have also given upbeat forecasts this month, cementing hopes of a rebound in the market that fell nearly 12% in 2019, according to research firm Gartner. However, Intel has struggled with delays in its 10nm chip technology, losing its lead to rival TSMC in the race to supply to the "new data economy", which includes 5G, autonomous vehicles and artificial intelligence.
Fully self-driving cars are still a thing of the future. But in today's laboratories, the technology ranges from commonly used cruise control systems to so much automation that humans don't need to get into a car at all. In Taiwan, a startup is developing a driver's cockpit that's comfortable and packed with artificial intelligence features that transfers control of the vehicle to the computer whenever the system senses that the human driver is sick, tired, distracted or just sloppy. The 3-year-old Taipei-based Mindtronic AI developed this cockpit, called DMX, last year with luxuries like easy-to-use entertainment for the driver. But what if the driver gets mesmerized by a soccer match?