Nvidia plans to expand its R&D and engineering teams in Taiwan Province during a media Q&A on the first day of Computex Taipei, June 4, 2024. According to Huang, Nvidia will build new R&D centers in the next few years and plans to hire thousands of engineers. The initiative is seen as NVIDIA's recognition of Taiwan's electronics supply chain ecosystem and its status as a global technology hub.
On several occasions, Huang emphasized the importance of long-term cooperation and partnership with partners in Taiwan Province. Special mention was made of more than a quarter of a century of cooperation with TSMC, which demonstrates the deep foundation of mutual trust and cooperation between the two sides. In addition, NVIDIA also plans to cooperate with universities in Taiwan to cultivate AI talents, and has established the "NVIDIA-NTU Joint Research Center for Artificial Intelligence" with National Taiwan University.
Nvidia's expansion plan has also received support from the Taiwanese authorities. According to reports, NVIDIA's "AI Innovation R&D Center Program" has received about 1.552 billion yuan in subsidies from the Taiwan authorities. The total investment of the program is about 5.626 billion yuan, which is expected to start in March 2022 and last until March 2027.
Pictured: Jensen Huang said Nvidia will recruit 1,000+ more engineers in Taiwan Province
China Overseas Semiconductor Network believes that we can interpret the deeper connotation behind this incident from the following aspects:
1. Technical Cooperation and Innovation: NVIDIA's cooperation with Taiwan Province is not limited to talent recruitment, but also includes in-depth technical cooperation with local enterprises and academic institutions. This collaboration helps drive the province's development in AI and high-tech fields, while also providing NVIDIA with opportunities to enter new markets and technology applications.
2. Industrial chain integration: NVIDIA's investment may further integrate Taiwan's high-tech industrial chain and promote the diversification and sustainable development of the local economy.
3. Talent Training: Collaboration with universities will help cultivate more local talent, which is essential for long-term technological development and innovation in Taiwan Province.
4. Market Expansion: NVIDIA's R&D center in Taiwan Province will help the company better serve the Asian market, especially the fast-growing Chinese market.
5. Policy support: The Taiwanese authorities' financial support for NVIDIA's plan shows the importance it attaches to the development of high-tech industries, which may attract more international companies to invest in Taiwan Province.
All in all, NVIDIA's expansion plan in Taiwan Province is a strategic move that will not only contribute to NVIDIA's own technology development and market expansion, but will also have a positive impact on Taiwan's high-tech industry and talent training. Through cooperation with local businesses and academia, NVIDIA is expected to achieve more innovations in the field of AI and semiconductors, while also providing further reinforcement for Taiwan Province's position in the global technology industry.
