Taipei City Government and Nvidia signed an agreement for a new Taiwan headquarters in the Beitou-Shilin Technology Park. Mayor Chiang Wan-an confirmed the deal. The project costs over NT$40 billion. It will create more than 10,000 jobs.

The facility strengthens Nvidia’s collaboration with supplier TSMC amid surging AI hardware demand. Proximity allows local R&D teams to manage the Asian AI server supply chain. TSMC reports high profits from advanced processing demand.