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Investing.com -- Nvidia plans to establish its Taiwan headquarters at Beitou Shilin Technology Park, according to Taipei Mayor Chiang Wan-an, as reported by Central News Agency.
The mayor met with Scott Ekman, Nvidia’s vice president of global real estate, on Monday, November 18, receiving the company’s written letter of investment intent. Both parties agreed to finalize the signing before the upcoming Lunar New Year.
The selected location includes the T17 and T18 sites within the technology park, which are currently under land-use rights held by Shin Kong Life Insurance.
The Taipei City Government is in negotiations with Shin Kong Life to terminate the existing contract for more than NT$4.43 billion. Following this termination, the land-use rights will be transferred to Nvidia as a special project.
This development marks a significant expansion of Nvidia’s physical presence in Taiwan, a critical hub for the global semiconductor industry.
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