NVIDIA's establishment of a subsidiary in Taiwan with a capital of 1 billion New Taiwan Dollars has been approved.

Taiwan's economic affairs authorities announced on the 21st that they have officially approved NVIDIA's investment of 1 billion yuan to establish a subsidiary in Taiwan. According to reports from Taiwanese media such as Central News Agency and China Times, in September of this year, Taiwan's economic authorities had already approved NVIDIA to establish Huidada Classic Co., Ltd. in Taiwan. NVIDIA submitted a revised investment plan on November 12, increasing the original investment amount to 1 billion yuan, to be used for the development of commercial office buildings and other facilities to meet the relevant conditions for leasing the above-ground rights of T17 and T18 bases in the Beitou Shilin Science Park.