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Google to Open Second Data Center in Latin America, to Invest Over $850 Mln 

The president of Google Cloud for Latin America, Eduardo Lopez, participates in the inauguration of the Google Data Center works, on the premises of the Science Park, in Canelones, Uruguay 29 August 2024. (EPA)
The president of Google Cloud for Latin America, Eduardo Lopez, participates in the inauguration of the Google Data Center works, on the premises of the Science Park, in Canelones, Uruguay 29 August 2024. (EPA)
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Google to Open Second Data Center in Latin America, to Invest Over $850 Mln 

The president of Google Cloud for Latin America, Eduardo Lopez, participates in the inauguration of the Google Data Center works, on the premises of the Science Park, in Canelones, Uruguay 29 August 2024. (EPA)
The president of Google Cloud for Latin America, Eduardo Lopez, participates in the inauguration of the Google Data Center works, on the premises of the Science Park, in Canelones, Uruguay 29 August 2024. (EPA)

Alphabet's Google said on Thursday it will open its second data center in Latin America in the Uruguayan city of Canelones and invest more than $850 million in it.

Google opened its first data center in Latin America in Quilicura, which is near Santiago, the capital city of Chile, in 2015. It invested an initial amount of $150 million in the data center and spent an additional $140 million in 2018 for expansion.

"We hope our new data center in Canelones will be a significant contribution to the professional and technological development of Uruguay and the entire region," Google said in a blog post.

Reuters reported on Thursday that Google is considering building a "hyperscale" data center close to Ho Chi Minh City in Vietnam and that the center would be ready in 2027.

In April, Google announced a $3 billion investment to set up a data center campus in Indiana and expand sites in Virginia. Google also said in May that it will invest $2 billion in Malaysia to develop its first data center and Google Cloud region in the country.

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Taiwan May Exports Hit Record on AI Demand and Ahead of US Tariffs

A man rides a motobike on the street with wind turbines in the background, in Changhua, Taiwan May 9, 2025. REUTERS/Ann Wang
A man rides a motobike on the street with wind turbines in the background, in Changhua, Taiwan May 9, 2025. REUTERS/Ann Wang
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Taiwan May Exports Hit Record on AI Demand and Ahead of US Tariffs

A man rides a motobike on the street with wind turbines in the background, in Changhua, Taiwan May 9, 2025. REUTERS/Ann Wang
A man rides a motobike on the street with wind turbines in the background, in Changhua, Taiwan May 9, 2025. REUTERS/Ann Wang

Taiwan's exports surged to a record in May on booming demand for artificial intelligence and as customers placed orders ahead of US tariffs which could take effect next month after a suspension period expires.

Exports increased 38.6% from the same month a year ago - the fastest pace in almost 15 years - to $51.74 billion, a record high and the first time the value of exports has exceeded $50 billion, the finance ministry said on Monday.

The expansion, the 19th consecutive monthly gain, was higher than the 25% expected by economists in a Reuters poll and surpassed April's 29.9% rise.

Taiwan companies such as TSMC , the world's largest contract chipmaker, are major suppliers to Apple , Nvidia and other tech giants.

May exports benefited from continued strong AI demand and customers bringing forward orders to hedge against the possibility of increased U.S. tariffs, the ministry said in a statement.

US President Donald Trump planned a 32% import levy on goods from Taiwan under his global tariff regime, until he announced a 90-day pause in April to allow for trade negotiations.

While AI and other new technologies should continue to support Taiwan's exports, the uncertainty surrounding the US tariffs and geopolitical risks could undermine the global economic outlook, the ministry said.

For June, the ministry expects exports to rise between 15% and 25% year-on-year.

In May, Taiwan's exports to the United States soared 87.4% year-on-year to $15.52 billion, a record in terms of growth and value, versus a 29.5% surge in the prior month.

Exports to China, Taiwan's biggest trading partner, climbed 16.6%, after rising 22.3% in April.

Taiwan's total exports of electronic components gained 28.4% in May on the year to $17.2 billion, with semiconductor exports up 30.1%.

Imports rose 25% to $39.13 billion, lower than economists' forecasts of 30.2%.