Taiwan Wants to Build Nvidia (NVDA) a Texas Supply Chain Hub

TLDR Nvidia (NVDA) stock was down about 2% on Friday, and TSMC (TSM) also fell about 2%. Taiwan plans several U.S. industrial parks for AI hardware suppliers, with each costing up to $4 billion. The first park will be in Texas and could cost $2 billion to $4 billion. Taiwan will offer loan guarantees and help suppliers with U.S. rules and permits. Nvidia’s supply commitments rose from $119 billion in Q1 to $279 billion in Q2. Nvidia (NVDA) stock was down about 2% on Friday as news broke of a Taiwanese plan to build U.S. industrial parks for its supply chain. TSMC (TSM) also fell about 2%. NVIDIA Corporation, NVDA Bloomberg reported the plan, citing Taiwan’s Economy Minister Kung Ming-hsin. Kung gave the interview on October 12.

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