Compiled by KHAO Editorial
— aggregated from 2 sources + 10 references discovered via search.
See llms.txt for citation guidance.
◎ Multiple-sources
Nvidia is expanding heavily in Taiwan with a new campus and a tenfold increase in annual spending, CEO Jensen Huang announced Wednesday, as the chipmaker plans for artificial intelligence-powered growth.
Key facts
Now we're spending $100 [billion], going to $150 billion in Taiwan each year," Huang said in Taipei, noting that's up from $10 billion to $15 billion annually four or five years ago
Shares of Taiwan chip manufacturing giant TSMC closed 1.3% higher on Wednesday, while MediaTek gained 8.8% and Delta Electronics rose by 7.2%
The company has announced plans to invest $500 billion in AI infrastructure in the U.S. with local manufacturers over four years, which averages out to $125 billion annually in U.S. value creation
Shares of leading mainland China chip players including SMIC tumbled on Wednesday, with Cambricon falling 5% and Hygon down 7%
Summary
Taiwan's Taiex stock index climbed 1.7% to a record close on Wednesday. "Now we're spending $100 , going to $150 billion in Taiwan each year," Huang said in Taipei, noting that's up from $10 billion to $15 billion annually four or five years ago. By the end of the year, Nvidia will begin building a new office complex called Constellation, which can accommodate 4,000 employees in northern Taipei when it opens in 2030, he said. Shares of Taiwan chip manufacturing giant TSMC closed 1.3% higher on Wednesday, while MediaTek gained 8.8% and Delta Electronics rose by 7.2%.