Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang has announced its plan to invest about $150 billion annually in Taiwan, positioning the country as the “epicentre” of the AI revolution.
Nvidia’s investment in Taiwan has seen a substantial increase over the years. “Four years ago, five years ago, Nvidia was spending about 10, 15 billion dollars a year in Taiwan. Now we’re spending 100, going to 150 billion dollars in Taiwan each year,” Huang stated during the launch celebration in Taipei for the chipmaker’s planned Taiwan headquarters at Beitou Shilin Technology Park on Wednesday, reported Reuters.
“Taiwan is booming,” Huang said, adding that the new site will employ around 4,000 people. “…This is where the chips come, packaging comes, this is where the systems are made, this is where AI supercomputers were created.”
Nvidia Expands Amid Smuggling Probe
Nvidia's new headquarters, set to begin construction this year and open by 2030, will place the company closer to key manufacturing partners, including Taiwan Semiconductor Manufacturing Co Ltd. (NYSE:TSM), Foxconn, Wistron, and Quanta Computer.
This announcement also comes on the heels of Advanced Micro Devices’ (NASDAQ:AMD) declaration of its intention to invest more than $10 billion across the Taiwan ecosystem to expand strategic partnerships and scale advanced packaging manufacturing for next-generation AI infrastructure. This trend of tech giants investing heavily in Taiwan highlights the country’s growing importance in the global AI ecosystem.
Huang has also declared China a ‘Very Important’ market for Nvidia, further emphasizing the strategic importance of the Asia-Pacific region for the company’s growth. The U.S. has approved licenses for NVIDIA to sell H200 chips to Chinese customers, including about 10 firms, but no shipments have been made yet.
Meanwhile, according to a Bloomberg report on Wednesday, Taiwan prosecutors alleged that three people smuggled one or more shipments of Nvidia AI chips to China through Japan. Last week, the suspected smugglers were detained by Taiwan's Keelung District Prosecutors Office for allegedly misrepresenting documents on exports of Super Micro Computer Inc. (NASDAQ:SMCI) servers that have the advanced Nvidia chips, which Washington had earlier barred from sale to China.
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