Nvidia is pouring $150 billion a year into Taiwan. To put that number in perspective, it’s roughly equivalent to the entire GDP of Hungary, except Nvidia plans to spend it annually in a single country on a single mission: building the infrastructure for artificial intelligence.

CEO Jensen Huang made the announcement at a Taipei event, calling Taiwan the “epicentre of the AI revolution.” The $150 billion figure represents a significant jump from the approximately $100 billion Nvidia currently channels into the island’s semiconductor ecosystem. Five years ago, the company was spending somewhere between $10 billion and $15 billion per year in Taiwan.

What Nvidia is actually building

Beyond the headline spending number, Nvidia plans to establish a new headquarters in Taiwan, expected to be operational by 2030. That facility alone is projected to create around 4,000 jobs.

The investment is fundamentally about chips. Nvidia relies on Taiwan Semiconductor Manufacturing Company, better known as TSMC, for the advanced chip fabrication that powers its AI hardware. In English: Nvidia designs the brains of AI systems, but TSMC actually manufactures them. Without TSMC’s cutting-edge fabrication capabilities, Nvidia’s GPUs don’t exist in physical form.