The Ministry of Economic Affairs yesterday denied a recent report that US-based artificial intelligence (AI) chip designer Nvidia Corp had requested a large amount of green power to undertake new investments in Taiwan.
The company’s investments in the country have progressed without any problems, the ministry said in a statement.
The ministry said it contacted Nvidia, and the company said it has no plans to purchase 10 terawatt-hours (TWh) of green power for any new investment project in Taiwan.
Photo: Huang Pei-chun, Taipei Times
Nvidia investment plans in Taiwan have been carried out as scheduled, including building its first research and development center in Asia and an AI supercomputer named “Taipei-1” — completed at the end of last year, the ministry said.
“Taipei-1” in Kaohsiung is expected to consume only green energy in the future and has obtained the amount of electricity it requires, the ministry said.
Solar power and offshore wind make up the bulk of green energy development in Taiwan, the ministry said.
The controversy stemmed from a legislative hearing on Tuesday last week, during which Taiwan People’s Party Legislator Chang Chi-kai (張啟楷) said Nvidia CEO Jensen Huang (黃仁勳) had put forward specific terms for new investments in Taiwan and Minister of Economic Affairs J.W. Kuo (郭智輝) said that “we can meet the terms.”
The next day, Kuo said that Huang had not directly made such a request and that “it is out of the question that the company will not return [to Taiwan].”
The ministry and Nvidia have also discussed workforce issues, Kuo said.
Taiwan has received more than US$70 million in royalties as of the end of last year from developing the F-16V jet as countries worldwide purchase or upgrade to this popular model, government and military officials said on Saturday. Taiwan funded the development of the F-16V jet and ended up the sole investor as other countries withdrew from the program. Now the F-16V is increasingly popular and countries must pay Taiwan a percentage in royalties when they purchase new F-16V aircraft or upgrade older F-16 models. The next five years are expected to be the peak for these royalties, with Taiwan potentially earning
STAY IN YOUR LANE: As the US and Israel attack Iran, the ministry has warned China not to overstep by including Taiwanese citizens in its evacuation orders The Ministry of Foreign Affairs (MOFA) yesterday rebuked a statement by China’s embassy in Israel that it would evacuate Taiwanese holders of Chinese travel documents from Israel amid the latter’s escalating conflict with Iran. Tensions have risen across the Middle East in the wake of US and Israeli airstrikes on Iran beginning Saturday. China subsequently issued an evacuation notice for its citizens. In a news release, the Chinese embassy in Israel said holders of “Taiwan compatriot permits (台胞證)” issued to Taiwanese nationals by Chinese authorities for travel to China — could register for evacuation to Egypt. In Taipei, the ministry yesterday said Taiwan
Taiwan is awaiting official notification from the US regarding the status of the Agreement on Reciprocal Trade (ART) after the US Supreme Court ruled US President Donald Trump's global tariffs unconstitutional. Speaking to reporters before a legislative hearing today, Premier Cho Jung-tai (卓榮泰) said that Taiwan's negotiation team remains focused on ensuring that the bilateral trade deal remains intact despite the legal challenge to Trump's tariff policy. "The US has pledged to notify its trade partners once the subsequent administrative and legal processes are finalized, and that certainly includes Taiwan," Cho said when asked about opposition parties’ doubts that the ART was
If China chose to invade Taiwan tomorrow, it would only have to sever three undersea fiber-optic cable clusters to cause a data blackout, Jason Hsu (許毓仁), a senior fellow at the Hudson Institute and former Chinese Nationalist Party (KMT) legislator, told a US security panel yesterday. In a Taiwan contingency, cable disruption would be one of the earliest preinvasion actions and the signal that escalation had begun, he said, adding that Taiwan’s current cable repair capabilities are insufficient. The US-China Economic and Security Review Commission (USCC) yesterday held a hearing on US-China Competition Under the Sea, with Hsu speaking on