Nvidia CEO Jensen Huang announced Wednesday that the chipmaker plans to invest around $150 billion a year in Taiwan, describing the country as booming and calling the island the epicentre of the artificial intelligence revolution. The announcement was made at a launch celebration in Taipei for Nvidia’s planned Taiwan headquarters, attended by roughly 1,000 employees and Taipei Mayor Chiang Wan-an. The spending figure represents a tenfold increase from where the company stood just a few years ago. “Four years ago, five years ago, Nvidia was spending about 10, 15 billion dollars a year in Taiwan. Now we’re spending 100, going… [Continue Reading]
