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Nvidia plans $150 billion in annual Taiwan spending (opens in new tab)

Nvidia Chief Executive Jensen Huang said in Taipei on Wednesday that the U.S. chip company expects spending in Taiwan to rise to about $150 billion a year, calling the island central to Nvidia's AI chip, packaging, systems and supercomputer supply chain. Huang spoke at an event for Nvidia's planned Taiwan headquarters, which the company expects to start building this year and open in 2030. The plan deepens Nvidia's ties to Taiwan's semiconductor and hardware manufacturers, including TSMC, whi...

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