The Taipei City Government and Nvidia Corp are to sign a contract before the Lunar New Year allowing the artificial intelligence (AI) chip designer to build its Taiwan headquarters in the Beitou Shilin Technology Park, Taipei Mayor Chiang Wan-an (蔣萬安) said today.
Chiang, who previously said the contract signing for land rights to plots T17 and T18 in the technology park would take place between Feb. 10 and 15, gave the updated estimate to reporters while attending a Taipei MRT groundbreaking ceremony.
Photo: Chang Chia-ming, Taipei Times
The Lunar New Year falls on Feb. 17 this year, although the nine-day holiday in Taiwan is to run from Feb. 14 to 22.
The Taipei City Government is scheduled to review the land rights plan and royalties for the contract with Nvidia today.
Once the review is complete, there would also be a subsequent valuation review, negotiations and contract signing procedures, with the final signing to take place before the Lunar New Year, Chiang said.
Nvidia CEO Jensen Huang (黃仁勳) wrapped up a four-day visit to Taiwan earlier this week, during which he attended a year-end party for Nvidia Taiwan staff and met with major suppliers, including Taiwan Semiconductor Manufacturing Co.
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The Taipei City Government yesterday confirmed that it has negotiated a royalties of NT$12.2 billion (US$380 million) with artificial intelligence (AI) chip giant Nvidia Corp, with the earliest possible signing date set for Wednesday next week. The city has been preparing for Nvidia to build its Taiwan headquarters in Beitou-Shilin Technology Park since last year, and the project has now entered its final stage before the contract is signed. Taipei Mayor Chiang Wan-an (蔣萬安) said the city government has completed the royalty price negotiations and would now push through the remaining procedures to sign the contract before
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