Nvidia to spend $191 billion a year in Taiwan, ‘epicentre’ of AI revolution, says CEO

TAIPEI - Nvidia’s chief executive said on May 27 the chip company plans to invest around US$150 billion (S$191.56 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 US$10 (billion), US$15 billion dollars a year in Taiwan. Now we’re spending US$100 (billion), going to US$150 billion dollars in Taiwan each year,” CEO Jensen Huang said at a launch celebration in Taipei for the US$5 trillion chipmaker’s planned Taiwan headquarters.

Mr Huang was speaking at a launch celebration in Taipei for the chip company’s planned Taiwan headquarters, which he said will break ground in 2026 and aims to become operational in 2030.

He did not provide a timeframe for the number of years the company plans to invest US$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 US tech giant.

It will also help Nvidia, the world’s most valuable company, boost its alliances with other manufacturing partners including Foxconn, Wistron and Quanta Computer, which all play key roles in the build-out of AI servers and infrastructure.

“Taiwan is booming,” Mr Huang said on stage to a crowd including his family, around 1,000 employees and Taipei mayor Chiang Wan-an.

He said Nvidia planned to employ 4,000 people at the new site.

“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.”

Mr Huang was born in the southern city of Tainan, Taiwan’s historic capital, and the May 27 launch was attended by his parents, and his wife, daughter and son.

He emigrated to the United States at the age of nine, and has somewhat of a rock star status in Taiwan, where his every move is followed closely.

Earlier in May, Mr Huang was part of the delegation that accompanied US President Donald Trump on a trip to Beijing for a summit with Chinese President Xi Jinping.

Taiwan plays a pivotal role in the global AI supply chain for companies including Nvidia and Apple, and its position is anchored by TSMC.

Underscoring the significance of Taiwan, Advanced Micro Devices said last week it would invest more than US$10 billion in Taiwan’s AI sector to deepen strategic partnerships and expand its capacity to build and assemble advanced AI chips.

Nvidia made history in late 2025 when it became the first company to reach US$5 trillion in market value, cementing its place at the centre of the global AI boom. Mr Huang said on May 27 it will be worth even more in three to five years.

Last week, Nvidia aimed to assure investors that it can keep up its blockbuster growth with the help of a broad base of customers and that new products will help it beat the US$1 trillion in sales it has forecast for its flagship AI chips. REUTERS