Nvidia’s planned $150 billion annual investment in Taiwan drives semiconductor stocks to record highs amid AI-driven expansion.
Nvidia announced a tenfold increase in annual spending in Taiwan, rising to $150 billion from $10 billion to $15 billion four years ago. The expansion includes a new campus in Taipei, set to house 4,000 employees by 2030, quadrupling its current workforce in the region.
Taiwan’s Taiex index surged 1.7% to a record close, led by gains in TSMC, MediaTek, and Delta Electronics. Nvidia’s spending plan exceeds its quarterly revenue, which hit a record $81.6 billion in the latest quarter. The company is poised to become TSMC’s largest customer this year.
Chip stocks rallied as SK Hynix and Micron joined the $1 trillion market cap club, reinforcing sector momentum. Nvidia’s investment underscores Taiwan’s central role in global semiconductor supply chains.