NVIDIA Corp (NASDAQ: NVDA) (ETR: NVD) is accelerating its commitment to Taiwan.
During a high-profile visit this week, CEO Jensen Huang announced plans to ramp up investments dramatically while launching the company’s new headquarters there. He praised Taiwan’s pivotal role in the AI revolution and global supply chain.
Nvidia plans to pour approximately US$150 billion a year into Taiwan, a sharp increase from the roughly US$12.5 billion it spent annually just a few years ago.
Huang made the announcement at a celebratory event in Taipei for the tech major’s new headquarters, which will break ground this year and become operational by 2030. The facility will employ around 4,000 people and strengthen ties with key partners like Taiwan Semicndctr Mnufctrng Co Ltd (NYSE: TSM), Foxconn Technology Co Ltd (TPE: 2354) and other manufacturers essential for building AI servers and supercomputers.
Huang, who was born in Tainan, Taiwan, and moved to the United States at age nine, spoke enthusiastically about the country’s strengths.
“Taiwan is the epicentre of the AI revolution,” he stated. “This is where the chips come, packaging comes, this is where the systems are made, this is where AI supercomputers were created.”
These moves reflect Nvidia’s heavy reliance on Taiwan’s semiconductor manufacturing capabilities as global demand for AI hardware continues to rise. The investments will direct substantial business toward local suppliers while helping Nvidia expand its production capacity in the region.
Read more: Chinese chip firms see record revenue, claim almost half of local market
Huang’s Taipei street food adventures attract scrutiny
While the business announcements drew considerable attention, Huang also captured public interest through more casual moments during his visit. Observers spotted the CEO at a Taipei street food stall where he reportedly paid for all customers’ orders to avoid having to wait in line. Several people were lined up to get their hands on some local grilled corn.
Critics viewed the gesture as an example of billionaire privilege that disrupted the queue for others while supporters praised his generosity and lightheartedness.
“Gross behaviour,” one X user said. “Oh I have money, let me do whatever I want.”
Huang’s net worth hovers around US$190 billion, largely from his stake in Nvidia. This makes him one of the world’s richest individuals.
Beyond the food stall controversy, he has faced criticism for Nvidia’s intense and demanding work culture. Huang says this is significantly linked to being raised with his Taiwanese parents’ high standards.
Critics have also pointed to potential nepotism concerns, noting that both of his adult children hold well-compensated senior roles at the company. His daughter Madison serves as a senior director in the simulation group with annual compensation around US$1.1 million while son Spencer works as a robotics product line manager earning roughly US$530,000.
Jensen: I'll buy everybody, let me be 1st
世界第一CEO 黃仁勳
在台灣夜市 懶得排隊 花錢買快速通關當事女網友：
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Read more: Taiwan arrests 3 suspected of stealing trade secrets from leading chip maker
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