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Nvidia bets big on Taiwan as new HQ takes shape, pending final land talks

Monica Chen, Taipei; Charlene Chen, DIGITIMES Asia 0

Credit: DIGITIMES

Nvidia CEO Jensen Huang visited Taiwan to attend Computex and GTC Taipei, delivering a highly anticipated keynote on May 19. During his speech, he revealed multiple collaborations with Taiwanese companies in semiconductors, as well as servers and PC supply chains. Most notably, Huang officially announced that Nvidia's new Taiwan headquarters will be located in the Beitou-Shilin Technology Park (BSTP) in Taipei, named Nvidia Constellation.

Huang stated that Nvidia has been continuously growing and expanding partnerships across the board. The number of engineers in Taiwan has exceeded the capacity of their current offices, prompting the decision to build a brand-new Nvidia office in the Shilin-Beitou area.

During the site selection process, local city leaders were very supportive and some favorable deals were reached. However, the land prices in this district are quite high. Negotiations over lease transfer agreements with the property owner are currently underway.

The mayor of Taipei has expressed interest in gauging public support for the Nvidia Constellation project, encouraging citizens to voice their opinions to the city government. Construction is expected to begin soon due to the urgent need for office space.

In recent years, escalating US-China tensions and rising geopolitical risks have prompted Nvidia to adjust its logistics deployment in Asia. A new factory was launched in Taoyuan Aviation Free Trade Zone, which now serves as an Asia-Pacific finished goods warehouse center. Additionally, as collaboration with Taiwan continues to deepen and the Neihu headquarters faces space constraints, Nvidia has actively sought new premises for several years. After much speculation, Huang finally confirmed the new office location in BSTP.

Land agreements and site selection certainty

The Taipei City Government had previously signed a 50-year surface rights contract with Shin Kong Life Insurance. The city hopes Nvidia will move in, but all three parties must promptly initiate lease transfer negotiations.

Industry insiders reveal that Huang's direct announcement of the new office location likely followed extensive prior discussions with Shin Kong Life and the Taipei City Government, as he would not make such a declaration without certainty. Furthermore, the new office requires ample land area, which is nearly impossible to find elsewhere in Taipei; thus, BSTP remains the only viable option.

Besides Taipei, other cities including Taoyuan, New Taipei, Hsinchu, and Kaohsiung—with relatively lower land costs—have also actively competed to attract Nvidia. Ultimately, Huang chose Taipei primarily because most Nvidia employees reside in the Greater Taipei area and value convenient transportation access.

Support from the Supreme A+ Program

Notably, the Ministry of Economic Affairs' Industrial Development Bureau recently launched the "Supreme A+ Program" aimed at attracting international corporations to root for advanced technology development in Taiwan. This initiative fosters collaborative R&D within Taiwan's industrial ecosystem, creating a division of labor for innovation and growth.

Nvidia secured subsidies totaling NT$6.7 billion (approx. US$222.3 million) under the AI innovation and R&D center program. Nvidia's Supreme A+ Program includes establishing an AI R&D center in Taiwan and hiring 1,000 new researchers focused on cutting-edge technologies such as the Omniverse platform.

Leveraging advanced GPU technology, Nvidia collaborates with Taiwanese manufacturers to develop AI applications and provide industry solutions that help local companies expand into global markets. Additionally, Nvidia plans to build a computing platform dedicated to the Taiwan AI R&D center, offering partial computational resources to academic institutions, partners, and startups engaged in R&D.

Article edited by Jack Wu