Taiwan plans Texas AI hardware supplier complex costing up to $4 billion

Taiwan plans to raise billions of dollars for US industrial parks supporting Nvidia and other AI hardware makers, Bloomberg reports. The first complex, in Texas, could cost up to $4 billion, according to Taiwan’s economic affairs minister, Kung Ming-hsin. Kung said the facilities would help smaller suppliers needed by chipmaker TSMC and AI server assemblers including Foxconn set up in the US.