Nvidia CEO Jensen Huang said the AI chipmaker will spend up to $150 billion a year in Taiwan going forward.
Huang made his comments in Taipei at an event on May 26 to preview Nvidia’s new Taiwan headquarters.
“Taiwan is booming,” Huang said. “Four years, five years ago, Nvidia was spending about $105 billion a year in Taiwan. Now, we’re going to spend $100 billion, $150 billion in Taiwan each year.”
“Taiwan is the epicenter of the AI revolution, this is where the chips come, packaging comes. This is where the systems are made,” he added. “This is where AI supercomputers were created.”
The vendor did not disclose details on the length of time Nvidia will invest in Taiwan.
As part of the expansion plans, Nvidia will build a new office complex in northern Taipei. Dubbed Constellation, the site is anticipated to be open by 2030 and accommodate up to 4,000 employees.
The annual $150 billion spend would be one of Nvidia’s largest financial commitments to date. The company previously revealed plans for a $50 billion investment in AI in the U.S. over a four-year period, $125 billion per year.
The AI giant is also not the only one to be turning its attention to Taiwan as an AI market. Last week, AMD revealed a $10 billion investment in Taiwan’s AI sector to support the development of advanced AI chips.
The investment plans come as Taiwan takes an increased share of Nvidia’s revenue, rising more than 50% year-over-year in the latest quarter. By contrast, sales from mainland China and Hong Kong declined sharply, reflecting Taiwan’s growing importance as a strategic center of the global AI economy.
