Tencent Reviews Marvelous Stake as Gaming Giant Reassesses Global Investment Strategy 
Meta Pauses Employee Activity Tracking Program Over Data Security Concerns 
Firmus Partners With Nvidia to Deliver 170,000 AI GPUs in $30 Billion Cloud Infrastructure Deal 
Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan 
SpaceX Stock Rebounds After Sharp Selloff, But Valuation Concerns Persist 
Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism 
SpaceX, Charter Communications Explore Mobile Partnership to Expand Starlink Wireless Service 
Australia Plans Higher Fines for Social Media Firms Failing to Block Underage Users 
Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast 
Cerebras Revenue Forecast Tops Expectations, but Margin Concerns Weigh on Stock 
Fortescue Faces Class Action Over Sexual Harassment Claims at Australian Mining Sites 
SK Hynix Moves Closer to New York ADR Listing Amid AI Chip Boom 
SK Hynix Targets $29.4 Billion Nasdaq Listing to Expand AI Chip Business 
Doncasters Raises $919 Million in NYSE IPO as Aerospace Growth Accelerates 
Kioxia Targets U.S. Listing as AI Chip Boom Accelerates 
Oracle Cuts 21,000 Jobs as AI Reshapes Workforce and Cloud Expansion Accelerates 
NVIDIA Corporation will set up its Asian headquarters in Taipei, Taiwan, according to the Central News Agency (CNA). The tech giant plans to hire over 2,500 employees as part of the expansion, as confirmed by National Development Council Minister Liu Chin-ching.
In addition to its Taipei headquarters, NVIDIA will establish an Asian research and development (R&D) center in Kaohsiung, Taiwan. Rival AMD is also investing in the region, with plans for an R&D center in Tainan.
This development follows reports from December suggesting Taiwan as a potential location for NVIDIA’s regional hub. CEO Jensen Huang hinted at the move during the Consumer Electronics Show last week.
Taiwan plays a critical role in NVIDIA's supply chain. The company heavily relies on TSMC for chip manufacturing and Hon Hai Precision Industry Co. Ltd (TW:2317), also known as Foxconn, for component assembly. TSMC produces most of NVIDIA’s chip designs, while Foxconn contributes key components for its artificial intelligence technologies.
Demand from the AI sector has driven substantial growth for NVIDIA, TSMC, and Foxconn, with all three companies experiencing significant stock price increases over the last two years.
NVIDIA’s expansion underscores Taiwan’s growing prominence in the global semiconductor and AI industries, further solidifying its position as a technological powerhouse.
