Taiwan AI Expansion
REPORTER:
Taiwan’s government is working with private companies to establish multiple industrial parks in the US.
Kung Ming-hsin (ECONOMICS MINISTER):
All companies, not just TSMC
are generally required to get approval
from our Investment Commission
for major overseas investments above a certain amount.
We maintain communication with companies
on matters like these.
REPORTER:
Speaking to Bloomberg, Economics Minister Kung Ming-hsin says the first park is planned for Texas, with each expected to cost up to 4 billion US dollars. The parks would help small and medium-sized suppliers set up US operations to support bigger tech companies including TSMC and Foxconn.
The announcement comes as TSMC evaluates potential cooperation with Elon Musk's Terafab project in Texas.