Nvidia to spend $150 billion a year in Taiwan, 'epicentre' of AI revolution, says CEO

Nvidia's CEO said on Wednesday the chip company plans to invest around $150 billion a year in Taiwan, terming it the "epicentre" of the AI revolution and predicting it will be the world's tech manufacturing hub for a ‌long time.

"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,"

Jensen Huang, chief of the $5 trillion chipmaker, said.


Huang was speaking at a launch celebration in Taipei ​for the chip company's planned Taiwan ⁠headquarters, which ‌he said will break ground this ​year and ​aims to become operational in 2030. He ⁠did not provide a timeframe for the ​number of years the company plans to ​invest $150 billion.

The Taiwan headquarters will bring Nvidia closer to TSMC, the world's largest contract chipmaker which makes many of the advanced semiconductors powering the trend towards AI and is a major supplier to the U.S. ‌tech company.

"Taiwan is booming," Huang said on stage at the celebration which was attended by ​his parents, ​wife, daughter ⁠and son in addition to around 1,000 employees.

"Taiwan is the epicentre of the AI revolution. This is where the chips ​come, packaging comes, this is where the systems are made, this is where AI supercomputers were created. The number of partners we work with here in Taiwan, incredible."