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Jensen Huang stated in Taipei that Nvidia is on track to spend about $150 billion per year in Taiwan, where it plans a new operational headquarters by 2030, closer to TSMC and industrial partners linked to the global artificial intelligence infrastructure
The future headquarters of Nvidia in Taiwan brings the American giant closer to TSMC and suppliers like Foxconn, Wistron, and Quanta Computer, while Jensen Huang projects annual spending of $150 billion and reinforces the island’s role in the global artificial intelligence chain.
Nvidia intends to increase spending in Taiwan to about $150 billion per year, Jensen Huang stated this Wednesday (27), in Taipei, while presenting the company’s local headquarters at the center of the global artificial intelligence chain.
Nvidia expands its bet on Taiwan and aims for operation in 2030
The announcement took place during the inauguration ceremony of the planned headquarters in Taiwan. The project is expected to start this year and aims to be operational by 2030, according to Huang.
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The CEO stated that, four or five years ago, Nvidia was spending between $10 billion and $15 billion per year in Taiwan. Now, he said, the amount is at $100 billion and is heading towards $150 billion annually.
Huang did not specify for how many years the company intends to maintain this level of investment. The company was described as valued at $5 trillion and the most valuable in the world.
Closer ties with TSMC strengthen the AI chain
The new headquarters is expected to bring Nvidia closer to TSMC, the world’s largest contract chip manufacturer and one of its main suppliers. The Taiwanese company produces advanced semiconductors used in the expansion of artificial intelligence.
Taiwan also concentrates important industrial partners for servers and AI infrastructure. Among them are Foxconn, Wistron, and Quanta Computer, cited as companies with a fundamental role in this chain.
According to Huang, Taiwan will continue to be the world’s center of technology manufacturing for a long time. On stage, in front of family members, about 1,000 employees, and the mayor of Taipei, Chiang Wan-an, he stated that “Taiwan is growing.”
New location expected to employ 4,000 people
Nvidia plans to employ 4,000 people at the new location. Huang called Taiwan the “epicenter of the AI revolution” for bringing together chips, packaging, systems, and artificial intelligence supercomputers, reinforcing the importance of the island for Nvidia and Apple.
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