Taipei signs NT$12.2 billion Nvidia land deal; groundbreaking June

The Taipei City government signed a NT$12.2 billion land agreement with Nvidia for the T17 and T18 plots at Beitou-Shilin Technology Park.

• Main announcement: The Taipei City government signed a NT$12.2 billion (US$380 million) contract with Nvidia granting the company 50-year land surface rights (extendable by up to 20 years) for the T17 and T18 plots; groundbreaking could begin as early as June.
• Additional details: The contract was signed with Nvidia’s Taiwan subsidiary (signed by Mayor Chiang Wan-an and company representative Mark Steven Hoose); the city says more than NT$40 billion will be spent during construction, operations are expected to create over 10,000 jobs, and Nvidia CEO Jensen Huang may attend a June groundbreaking depending on his schedule during Computex Taipei (June 2-5, 2026).