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Nvidia wins approval for Taiwan headquarters to secure AI chip supply (www.scmp.com)

submitted 2 weeks ago by rss@news.abolish.capital to c/china@news.abolish.capital

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The Taiwan government has cleared Nvidia to establish a NT$3.3 billion (US$105 million) headquarters on the island that produces most of the world’s advanced semiconductors, which the Silicon Valley chip designer will need to feed the red-hot global artificial intelligence sector. Nvidia would use the Taipei site for a “commercial office” building and the acquisition of land for a “comprehensive business park”, the island’s Ministry of Economic Affairs announced on Wednesday. The approval came a...

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