Nvidia to spend $150 billion a year in Taiwan, 'epicentre' of AI revolution, says CEO (opens in new tab)

Nvidia's CEO said on Wednesday the chip company plans to invest around $150 ‌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. Jensen ‌Huang, chief of ⁠the $5 trillion chipmaker, said. Huang was speaking at a launch celebration in Taipei for the chip company's ⁠planned Taiwan headquarters, which he said will break ground this year and aims to become operational in 2030.