Following discussions with Supermicro founder Charles Liang and Guo Rui chairman Lin Po-wen, Premier Cho Jung-tai instructed the formation of a cross-ministerial task force to promote renewable energy and facilitate land acquisition for green power projects, Executive Yuan spokesperson Michelle Lee told the TT.
In a separate announcement to the TT, Nvidia Corp (NASDAQ:NVDA) revealed plans to establish a secondary headquarters in Taiwan, matching the scale of its Silicon Valley operations.
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National Development Council Minister Paul Liu highlighted to TT Taiwan’s robust talent pool, infrastructure, and proximity to supply chains as key factors that could contribute towards the country becoming a global hub for AI development.
Taipei Mayor Chiang Wan-an and New Taipei City Mayor Hou You-yi expressed their commitment to attracting Nvidia’s new headquarters to the TT.
New Taipei City offered a portfolio of potential sites and incentives to secure the investment. Supermicro is also a key Nvidia client.
The chipmaker’s expansion has prompted the city government to set up water recycling plants and ultra-high-voltage substation facilities to ensure a stable water and power supply.
In December, Taiwan Semiconductor showcased its advanced chip fabrication plant debut in Arizona, marking U.S. attempts to reduce dependence on China as a semiconductor supply chain.
The company targets two additional fabs in Arizona, bringing its total investment to $65 billion.
Price Actions: At last check on Friday, SMCI stock was down 5.00% to $32.06. NVDA is down 2.62%.
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