24 Hrs
Source:
Sky News
NVIDIA CEO announces $150B annual Taiwan investment
Jensen Huang, CEO of NVIDIA, announced that the company plans to invest $150 billion annually in Taiwan, considering it a key hub for the AI revolution, with a new headquarters expected to begin operations in 2030. He reminded that the expenditure on Taiwan was between $10 billion and $15 billion four or five years ago, and it has now risen to $100 billion, with projections to increase to $150 billion annually. This announcement was made during a celebration in Taipei attended by the Huang family and several employees, where he emphasized that Taiwan is a vital center for the chip manufacturing, packaging, and the technology used in artificial intelligence.
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