Nvidia Secures Approval for $32M Taiwan Subsidiary Expansion
Nvidia has received approval from Taiwan’s Ministry of Economic Affairs to establish a NT$1 billion subsidiary, reinforcing its foothold in a critical semiconductor hub. The MOVE grants the company greater autonomy in managing local assets, contracts, and tax obligations.
Negotiations for a headquarters site in Beitou-Shilin remain unresolved due to land disputes and pending regulatory approvals. Vendors in construction, cooling, and power infrastructure should anticipate potential tenders if the deal progresses.
Nvidia retains flexibility with alternative Taiwan locations, underscoring its adaptive strategy amid ongoing evaluations. The approval follows a revised application submitted in November, streamlining operations in a rapidly evolving tech landscape.