(Bloomberg) -- Taiwan plans to raise billions of dollars to develop industrial parks in the US that would build a base for a comprehensive supply chain for Nvidia Corp. and other AI hardware makers in the country. Most Read from Bloomberg Stock Buyers Step In to Power Wall Street Rebound: Markets Wrap China's Unloading of US Bonds Gets Fresh Look as Skeptics Grow CoreWeave's Big Dream Crashes Into Reality as Yields Top 15% Anduril in Talks to Sell Insider Shares at Roughly $90 Billion Valuation Anthropic Revenue Jumps to $16.8 Billion in Quarter Before IPO The initiative is starting with a complex in Texas that would cost as much as $4 billion to build, according to Taiwan's Minister of Economic Affairs Kung Ming-hsin.
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