Industrial real estate purchases by Taiwan technology companies have surged as AI-related orders outstrip existing production capacity. Micron Technology, ASE Semiconductor (3711.TW) and Siliconware Precision Industries have spent more than NT$100 billion on factories this year, while full-year industrial property transactions are expected to reach NT$200 billion. Micron led the disclosed purchases with a NT$52.8 billion Tongluo plant, followed by Siliconware with NT$22.7 billion and ASE Semiconductor with NT$26.8 billion. Quanta Computer (2382.TW) also bought a Taoyuan facility for NT$19.7 billion. Chen Yi-Sheng, general manager of Hunda International Asset, said demand is being supported by AI orders, strong technology stocks and favorable electronics-sector orders, profits and forecasts. Most purchases are for companies' own use, with smaller businesses typically budgeting NT$200 million to NT$2 billion and selecting sites near existing facilities or major upstream customers. TSMC (2330.TW) is absent from this year's leading buyers because it completed a global expansion strategy earlier, with more than 13 sites across northern, central and southern Taiwan and cumulative recent spending above $60 billion on plants and equipment. Aging factories and insufficient regional power reserves remain key constraints: PCB production requires 2MW to 5MW, while semiconductor manufacturing needs at least 8MW. Brokers and Chen expect the AI-driven expansion to support further industrial property activity, including the redevelopment of older traditional-manufacturer plants and more office-factory projects.