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NVIDIA Corporation (NASDAQ:NVDA) is planning to set up its Asian headquarters in Taipei, Taiwan, according to the Central News Agency. The tech giant will reportedly hire over 2,500 staff as part of the move, as stated by National Development Council Minister Liu Chin-ching. Additionally, NVIDIA plans to establish its Asian research and development center in Kaohsiung, enhancing its presence in the region.
The announcement follows reports from December suggesting Taiwan as a potential location for NVIDIA's regional headquarters. CEO Jensen Huang hinted at the move during the Consumer Electronics Show, underlining the company’s commitment to expanding its footprint in Asia.
Taiwan plays a crucial role in NVIDIA’s supply chain, with its reliance on TSMC (NYSE:TSM) for chip manufacturing and Foxconn (TW:2317) for assembly. TSMC produces a significant portion of NVIDIA’s advanced chip designs, while Foxconn handles key components for the company’s artificial intelligence technologies.
This development coincides with plans from rival AMD (NASDAQ:AMD), which is also setting up an R&D center in Tainan. The move underscores Taiwan's growing importance as a hub for semiconductor innovation.
NVIDIA, TSMC, and Foxconn have experienced substantial growth in recent years, driven by surging demand from the AI industry. With its strong supply chain ties and ambitious expansion plans, NVIDIA is poised to further strengthen its leadership in the global tech landscape.
These strategic initiatives highlight Taiwan's role as a critical player in the semiconductor and AI markets, attracting top-tier companies to invest in its advanced infrastructure.
