By Anusuya Lahiri
Publication Date: 2026-02-15 15:32:00
Taiwan is reinforcing its role as a global AI and semiconductor hub as Nvidia Corp. (NASDAQ:NVDA) moves forward with plans for a major new headquarters in Taipei.
Taipei City Government confirmed that it has officially signed an agreement with Nvidia to build the company’s Taiwan headquarters in the Beitou-Shilin Technology Park.
Taipei Mayor Chiang Wan-an told Taipei Times on Thursday, “Taipei is Nvidia’s home,” as he presented the signed contract.
Don’t Miss:
The city expects construction to begin in June or July.
The deal grants Nvidia a 50-year lease on the land, with an option to extend for up to 20 more years.
Chiang said the agreement includes royalties totaling 12.2 billion New Taiwanese dollars, which also covers 1.2 billion New Taiwanese dollars that Nvidia will absorb as part of a settlement after the city ended its prior contract with Shin Kong Life Insurance Co.
Nvidia’s plan projects the headquarters will cost more than 40 billion New Taiwanese dollars (~$1.3 billion) to build and generate over 10,000 jobs once operational.
Taipei has been preparing since last year for Nvidia’s headquarters project in the technology park.
Taiwan’s government cleared Nvidia’s plan to build a 3.3 billion New Taiwanese dollars ($105 million) headquarters as per a January…
