King Yuan Electronics, a Taiwanese company, planted a flag at a 27-acre property in Fort Worth as it gears up to build a $1.3 billion semiconductor testing plant. The company purchased the land from an entity tied to ASB Real Estate Investments for $79 million. The land deal is a meaningful step towards making the $1.3 billion project reality. King Yuan is planning to utilize the facility to test chips for Nvidia, the multinational graphics processing units manufacturer and AI infrastructure company, according to the Fort Worth Business Journal. A filing with the Texas Department of Licensing and Regulation revealed Read More
