Reported 8 months ago
NVIDIA's AI Computing Center in Kaohsiung Software Park has led to increased land value for companies like Eastern Cement and ZhongWei nearby, seen as 'NVIDIA's neighbor concept stocks'. The land prices rising, development benefits expected, and potential stock performance boosts for both companies are anticipated. Eastern Cement plans to lease land to Costco for a store and gas station, while co-developing a mall with Wonmeal International. Concerns arise regarding the impact of Costco's gas station on area traffic, with ongoing assessment needed. The area's development is crucial with NVIDIA and Foxconn's collaboration on the AI Computing Center nearby, making the establishment of features like the Costco gas station significant for the region's energy.
Source: YAHOO