Advertisement
Categories: BusinessNewsTech

Nvidia to Invest $150B Annually in AI’s Epicentre, Taiwan

Advertisement

NVIDIA CEO Announces Massive Investment in Taiwan

NVIDIA’s chief executive, Jensen Huang, announced plans to invest around $150 billion annually in Taiwan. He described the country as “the epicentre” of the AI revolution and predicted it would become a major tech manufacturing hub globally.

The investment will significantly increase from previous years when the company spent about 10-15 billion dollars on operations in Taiwan. A new headquarters is set to be operational by 2030, according to Huang’s statement at a launch event in Taipei.

This move aims to strengthen ties with TSMC, the world’s largest contract chipmaker, and other manufacturing partners such as Foxconn, Wistron, and Quanta Computer. These companies are key players in building AI servers and infrastructure.

Huang, born in Taiwan but now living in the US, expressed his belief that Taiwan is at the heart of the AI revolution. He plans to employ 4,000 people at the new site.

The announcement comes as Huang was part of a delegation accompanying President Trump on a trip to Beijing for a summit with Chinese President Xi Jinping. This underscores the strategic importance of Taiwan in global tech supply chains, particularly for companies like NVIDIA and Apple.

Advanced Micro Devices also announced plans to invest over $10 billion in Taiwan’s AI sector, further highlighting the region’s significance in the industry.

Advertisement
News Desk

Recent Posts

India’s Muslims Fearfully Prepare Eid Prayers Amid Restrictions and Concerns

Muslims in Uttar Pradesh are facing challenges as they prepare for Eid al-Adha. They're focusing…

12 minutes ago

US, Armenia Commit to Corridor Progress in Rubio Visit

US Sec State Marco Rubio Visits Yerevan Secretary of State Marco Rubio visited Yerevan on…

51 minutes ago

Houston Steps Down After 19 Years Leading Dropbox, Tech Pioneer

Drew Houston, co-founder of Dropbox, officially steps down as CEO after 19 years leading the…

1 hour ago

Chemical Tank Rupture in Washington State Causes Death, Multiple Injuries

A chemical tank imploded and ruptured at a Nippon Dynawave Packaging facility in Washington state…

2 hours ago

Hong Kong Surpasses Switzerland as Top Cross-Border Wealth Hub Amid China’s Growth

Hong Kong overtakes Switzerland as top global booking centre for cross-border wealth. According to Boston…

2 hours ago

PM Shehbaz, Zardari & Munir Urge Compassion on Eid Al Azha

President Asif Ali Zardari, Prime Minister Shehbaz Sharif, and Chief of Defence Forces Field Marshal…

2 hours ago