Taiwan's ASE evaluates how it will support Nvidia's $500 billion US plan

The company, the world's largest spot packaging and investigating provider, is inactive evaluating an invitation from a lawsuit to put successful the U.S. and has yet to determine connected the concern size oregon timing, its Chief Financial Officer Joseph Tung told an net call.

He did not sanction the lawsuit but the institution aboriginal confirmed to Reuters that helium was talking astir a program announced by AI spot elephantine Nvidia made nationalist earlier this period to grow accumulation successful the U.S., with the assistance of partners including ASE subsidiary Siliconware Precision Industries.

Analysts person questioned whether the sum of $500 cardinal is realistic, fixed difficulties suppliers whitethorn person successful moving production.

Nvidia did not instantly respond to a petition for comment.

The lawsuit had invited ASE to "evaluate the anticipation of having immoderate operations to enactment their concern successful the U.S," Tung said.

"Currently we are engaging successful treatment and are evaluating opportunities with interest. There are nary further details truthful acold successful presumption of the existent concern size oregon the timing of it. But immoderate determination that we volition yet marque volition beryllium made with economical viability."

When asked by analysts astir what benignant of merchandise would beryllium considered, Tung helium said it would beryllium an hold of what the institution offers successful Taiwan.

Siliconware Precision Industries, which carries retired spot packaging for Nvidia, has nary manufacturing beingness successful the U.S. Another ASE subsidiary, ISE Labs, has 2 investigating factories successful California.

(Reporting by Wen-Yee Lee and Ben Blanchard; editing by Barbara Lewis)