Nvidia Plans Taiwan HQ by 2030 as SK Hynix Hits $1 Trillion
NVDA•Nvidia CEO Jensen Huang announced plans to break ground on a Taiwan headquarters with operations targeted for 2030, dubbing the island the 'epicentre' of the AI revolution. Meanwhile, SK Hynix achieved a $1 trillion valuation, joining Nvidia and TSMC as the only semiconductor firms to hit that milestone.
1. Taiwan Headquarters Plans
CEO Jensen Huang said Nvidia will break ground on its Taiwan headquarters this year, aiming to have the facility operational by 2030. He described Taiwan as the epicentre of the AI revolution and underscored its role as a global technology manufacturing hub.
2. SK Hynix Joins Trillion-Dollar Club
SK Hynix reached a $1 trillion market cap on May 27, becoming the third semiconductor company to hit that milestone alongside Nvidia and TSMC. The achievement highlights accelerating investor confidence in memory chip firms and underscores intensifying competition at the top of the sector.
