NVIDIA to invest $150B a year in Taiwan as AI demand surges

Nvidia CEO Jensen Huang pledged $150 billion in annual investment in Taiwan, calling it the "epicentre of the AI revolution" at the Taipei headquarters launch.

Huang noted spending grew from $10–15 billion five years ago to $100 billion, now heading to $150 billion yearly.

The new HQ will employ 4,000 people and open by 2030. Nvidia recently recorded Q1 revenue of $81.6 billion, up 85% year-on-year.