Taiwan’s Ministry of Economic Affairs announced plans for an industrial park in Texas that would cost between $2 billion and $4 billion to build, according to a statement from the ministry [1]. The facility is intended to host smaller Taiwanese suppliers that serve Nvidia Corp. and Taiwan Semiconductor Manufacturing Co. (TSMC), the ministry said.
Taiwan Economic Affairs Minister Kung Ming-hsin said the facilities would assist suppliers that are essential to the operations of TSMC and AI server assemblers including Foxconn Technology Group [2].
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