Nvidia Corp. (NASDAQ:NVDA) CEO Jensen Huang has announced its plan to invest about $150 billion annually in Taiwan, positioning the country as the “epicentre” of the AI revolution.
Nvidia’s investment in Taiwan has seen a substantial increase over the years. “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,” Huang stated during the launch celebration in Taipei for the chipmaker’s planned Taiwan headquarters at Beitou Shilin Technology Park on Wednesday, reported Reuters.
“Taiwan is booming,” Huang said, adding that the new site will employ around 4,000 people. “…This is where the chips come, packaging comes, this is where the systems are made, this is where AI supercomputers were created.”
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