Nvidia to Increase Spend in Taiwan by $150 Billion
Nvidia announced its plan to expand spending on chip manufacturing in Taiwan to $150 billion, up from $10 billion just a few years ago. By the end of the year, Nvidia will have a brand-new office complex called Constellation, and could have as many as 4,000 employees in northern Taipei when it opens by the end of the decade. Right now, Nvidia has about 1,000 employees in Taiwan. Nvidia will design the new AI computer chips. TSMC, the world’s largest chip maker, will manufacture them. As a result, Nvidia will be TSMC’s largest customer, surpassing Apple. Business News Today – tEDmag
