Nvidia CEO Jensen Huang cheers with employees during a celebration at the construction site of the company's Taiwan headquarters on May 27. [AP/YONHAP]
Nvidia CEO Jensen Huang is expected to visit Korea next week, drawing attention to potential investment and partnership opportunities as Korea’s semiconductor industry faces mounting competition from China and Taiwan.
Taiwan is accelerating efforts to cement its position as East Asia’s AI hub by leveraging its strengths in semiconductor design, manufacturing and packaging. At the same time, China’s push to expand its semiconductor industry through memory chips has put pressure on Korea’s chip sector.
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“Four years ago, five years ago, Nvidia was spending about $10 [billion], $15 billion a year in Taiwan,” said Huang during an event to celebrate the start of construction on the company’s Taiwan headquarters on Wednesday, according to Reuters. “Now we’re spending $100 [billion], going to $150 billion in Taiwan each year.”
