Nvidia Secures NT$40B Taiwan HQ Deal, UBS and Goldman Lift Targets
Nvidia signed a 50-year lease, option for 20 more years, committing NT$12.2B royalties for a NT$40B Taiwan HQ in Beitou-Shilin Technology Park, with construction starting mid-2026 and 10,000+ jobs expected. UBS and Goldman raised targets to $245 and $250, forecast a $2B Q4 revenue beat, and Cramer hailed Nvidia’s AI leadership.
1. Taiwan Headquarters Deal
Nvidia finalized a 50-year land lease in Beitou-Shilin Technology Park with an option to extend for 20 additional years. The company will pay NT$12.2 billion in royalties, including a NT$1.2 billion settlement, earmarked for a NT$40 billion (~$1.3 billion) headquarters project due to break ground mid-2026 and generate over 10,000 jobs.
2. Analyst Targets and Cramer Praise
UBS raised Nvidia’s share price target to $245 from $235 and Goldman set a $250 target, both maintaining Buy ratings and projecting a $2 billion revenue beat in fiscal Q4. Jim Cramer praised Jensen Huang’s AI category leadership and the company’s software stack, underscoring confidence in Nvidia’s growth prospects.