Nvidia to spend $150 billion a year in Taiwan, 'epicentre' of AI revolution, says CEO
TAIPEI – Nvidia CEO Jensen Huang announced on May 27 that the chip company plans to invest approximately $150 billion annually in Taiwan. Huang characterized the island as the "epicentre" of the artificial intelligence (AI) revolution and projected it would remain the world's leading technology manufacturing hub for a significant period.
The announcement took place at a launch celebration in Taipei for Nvidia's planned Taiwan headquarters.
The CEO did not provide a specific timeframe for the number of years the company intends to invest the $150 billion annually, according to reports from Reuters and The Straits Times. The Straits Times also noted that Nvidia's current annual spending in Taiwan is around $100 billion, with plans to increase it to $150 billion.
Nvidia's planned Taiwan headquarters is slated to become operational in 2030. Regarding its groundbreaking, Yahoo Finance reported that it would break ground this year, while The Straits Times indicated a groundbreaking year of 2026.
Huang underscored Taiwan's critical role in the global AI industry. "Taiwan is the epicentre of the AI revolution," Huang stated. The establishment of the new headquarters aims to bring Nvidia closer to Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker.
TSMC is a major supplier to Nvidia, producing many of the advanced semiconductors that power the growing demand for AI technologies.
Huang's remarks highlighted his confidence in Taiwan's enduring position in the tech sector. He believes the island will maintain its status as a global technology manufacturing hub for the foreseeable future.
Nvidia, a company valued at approximately $5 trillion, relies heavily on advanced chip manufacturing capabilities, which are predominantly concentrated in Taiwan. This substantial investment plan reinforces the island's central role in the global semiconductor supply chain, particularly for high-performance AI chips.