Wang did not disclose any specific information on the schedule for the relocation or the proposed tax arrangements for NVIDIA. It is not known if the relocated logistics center would be engaged in the shipment of completed goods or components to the partner operations of NVIDIA. According to the minister, NVIDIA’s decision demonstrates that global technology firms are not deterred from selecting Taiwan as an investment destination despite the difficulties that exist across the region. The installation of manufacturing facilities utilizing extreme ultraviolet (EUV) lithography equipment by US semiconductor manufacturer Micron, the introduction of production facilities using EUV lithography equipment by Dutch semiconductor equipment maker ASML, and the opening of artificial intelligence (AI) research and development center by NVIDIA are just a few notable instances. In response to questions about whether or not TSMC’s investment in the United States to manufacture chips using 3-nanometer and 5-nanometer technologies would cause Taiwan to lose its industrial market position, as Japan did when its domestic technology companies expanded overseas, Wang stated that Taiwan is not like Japan. On Taiwan’s relations with the US she stated: The decision comes after NVIDIA’s CEO visits Taiwan which was held a month ago. According to sources in Taiwan, Jensen Huang recently traveled to Taiwan to confirm TSMC would manufacture their next-generation GPU utilizing the 3nm technology. Additionally, he visited senior Taiwanese officials to discuss NVIDIA’s expansion into Taiwan as well as upcoming policies. TSMC builds up US capacity to supply customers with locally manufactured chips. It is most important that TSMC is committed to investing in the most advanced chips in Taiwan.” -Wang Source: Taipei Times
