Nvidia chief executive Jensen Huang said on Wednesday the company intends to spend around $150 billion a year in Taiwan, describing the island as the centre of the artificial intelligence revolution and predicting it will remain the world’s technology manufacturing hub for the foreseeable future.
Speaking at a ceremony in Taipei to mark the planned launch of Nvidia’s Taiwan headquarters, Huang put the scale of the shift in context. “Four or five years ago, Nvidia was spending between $10 and $15 billion a year in Taiwan. Now we are spending $100 billion, and that figure will rise to $150 billion a year,” he said.
Nvidia, whose market capitalisation stands at $5 trillion, plans to break ground on the headquarters site this year, with operations expected to begin in 2030. Huang did not specify how many years the $150 billion annual figure is intended to cover.
Around a thousand employees attended the event, along with Huang’s parents, wife, daughter, and son. “Taiwan is experiencing a genuine boom,” Huang said. “Taiwan is the centre of the AI revolution. The chips come from here, the packaging is done here, the systems are built here, and the AI supercomputers were born here. The number of partners we work with here in Taiwan is truly remarkable.”
