Nvidia CEO Jensen Huang announced on Wednesday that the company is preparing to invest nearly $150 billion annually in Taiwan, describing the island as the “heart” of the global artificial intelligence boom and predicting it will remain a leading technology manufacturing centre for decades. Speaking at a launch event in Taipei for Nvidia’s upcoming Taiwan headquarters, Huang said the company’s spending in Taiwan has grown dramatically over the past few years. According to him, Nvidia previously invested around $10–15 billion annually in the region, but that figure has now crossed $100 billion and is expected to rise to nearly $150 billion each year.

The new headquarters project is scheduled to begin construction later this year and is expected to become fully operational by 2030. Huang did not specify how long Nvidia intends to maintain investments at the projected level. The expansion is expected to strengthen Nvidia’s ties with Taiwan Semiconductor Manufacturing Company, the world’s largest contract chip manufacturer and a major supplier of advanced AI semiconductors used by the U.S. tech giant. The move will also deepen collaboration with Taiwanese manufacturing partners such as Foxconn, Wistron, and Quanta Computer, all of which play important roles in building AI servers and computing infrastructure.

Addressing employees, officials, and guests at the event, Huang said Taiwan has become central to the AI industry because it handles everything from chip production and packaging to the creation of advanced AI systems and supercomputers. Nvidia also revealed plans to hire around 4,000 employees for the new campus. Born in Tainan, Huang remains a highly admired figure in Taiwan, where his public appearances attract major attention. He moved to the United States at the age of nine. The launch event was attended by his family members, including his parents, wife, and children.

Taiwan continues to play a crucial role in the global AI supply chain for companies like Nvidia and Apple, largely because of TSMC’s dominance in semiconductor manufacturing. Highlighting Taiwan’s growing importance in AI development, Advanced Micro Devices recently announced plans to invest more than $10 billion in Taiwan’s AI sector to expand partnerships and boost advanced chip production capabilities.

Nvidia reached a historic milestone last year by becoming the first company to achieve a market valuation of $5 trillion, reinforcing its dominant position in the rapidly growing AI industry. Huang also expressed confidence that Nvidia’s value could rise even further over the next three to five years as demand for AI technologies continues to surge. The company has recently assured investors that it expects strong long-term growth, supported by expanding demand for AI chips and the launch of new products aimed at surpassing its projected $1 trillion AI chip sales target.