Morgan Stanley said on August 10 it will launch its "U.S. Innovation Infrastructure Initiative," aiming to facilitate about $1.5 trillion, roughly NT$48 trillion, over the next decade for artificial intelligence, semiconductors, cybersecurity and energy infrastructure. The bank is not committing that amount from its own balance sheet. Instead, it plans to act as a capital-markets intermediary through capital raising, financing arrangements, advisory services and related investment activities. Dan Simkowitz, Co-President of Morgan Stanley, said the United States is in a critical period for large-scale investment and innovation in technology, infrastructure and strategic industries. Morgan Stanley's blueprint centers on three pillars: innovation platforms and strategic industries, infrastructure for the innovation economy, and capital supply for entrepreneurs and high-growth enterprises. At that pace, the initiative would average about $150 billion a year. The move reflects a wider Wall Street push to align business growth with U.S. industrial competitiveness, with market sources saying JPMorgan Chase unveiled a similar $1.5 trillion decade-long plan last year focused on economic security and resilience.