TAIPEI, Taiwan: Nvidia plans to spend as much as US$150 billion annually in Taiwan as the company deepens its role in the global artificial intelligence boom and strengthens ties with the island's semiconductor supply chain, Chief Executive Officer Jensen Huang said on May 27.

Speaking at a launch event in Taipei for Nvidia's planned Taiwan headquarters, Huang described Taiwan as the "epicenter" of the AI revolution and predicted it would remain a global technology manufacturing hub for years to come.

"Four years ago, five years ago, Nvidia was spending about 10, 15 billion dollars a year in Taiwan. Now we're spending 100, going to 150 billion dollars in Taiwan each year," Huang said.

The new headquarters project is expected to begin construction this year and become operational by 2030. Huang did not specify how many years Nvidia planned to maintain investment at $150 billion.

The expansion will bring Nvidia closer to Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker and a key supplier for Nvidia's advanced AI semiconductors.

The headquarters will also strengthen Nvidia's partnerships with Taiwanese manufacturing companies, including Foxconn, Wistron, and Quanta Computer, all of which are heavily involved in producing AI servers and related infrastructure.

"Taiwan is booming," Huang told an audience that included Taipei Mayor Chiang Wan-an, Nvidia employees, and members of his family.

"Taiwan is the epicenter of the AI revolution. This is where the chips come from, where the packaging comes from, where the systems are made, where AI supercomputers are created. The number of partners we work with here in Taiwan is incredible," he added.

Huang also said Nvidia plans to employ around 4,000 people at the new Taiwan site.

Born in Taiwan's southern city of Tainan, Huang moved to the United States at age nine and has become a celebrity figure in Taiwan, where public interest in his visits and announcements remains high.

Taiwan plays a central role in the global AI supply chain, particularly through TSMC, which manufactures many of the advanced chips powering AI systems for Nvidia and other major technology firms.

The announcement follows similar investment plans by other chipmakers. Last week, AMD said it would invest more than $10 billion in Taiwan's AI sector to expand partnerships and increase its capacity for advanced chip manufacturing.

Nvidia became the first company to reach a $5 trillion market value late last year, reflecting soaring investor enthusiasm for AI-related technology.

Huang said he expected the company to become even more valuable over the next three to five years as demand for AI infrastructure continues to grow.