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Market Chatter: Taiwan Plans $200 Million Data Center Investment in Paraguay

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Taiwan plans to help develop a $200 million data center in Paraguay as the two sides seek to deepen economic ties, Bloomberg News reported, citing people familiar with the matter.

The project is expected to provide 10 megawatts of computing capacity and could become operational by the end of 2027, according to the report.

Taiwan's International Cooperation and Development Fund has sounded out Google, Microsoft, and Amazon about potential involvement in the project, either through investment or by leveraging their future computing capacity, Bloomberg reported.

Under the proposal, Taiwan would supply Nvidia chips and related equipment, while Paraguay would contribute land, power, and infrastructure, Information Technology Minister Gustavo Villate told Bloomberg.

The countries are also in talks with the U.S. International Development Finance Corporation regarding financing, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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