Taipei secured Nvidia’s Asia-largest AI R&D hub on February 14, 2026, through a public-private pact, collaborating with Sin Kong Life to attract NT$40 billion in investment. This follows the Taipei City Government's agreement with Nvidia on February 11 to establish the company’s Taiwan headquarters at the Beitou Shilin Technology Park's T17 and T18 sites. Deputy Mayor Lee Shu-Chuan, who played a pivotal role in securing this development, is expected to resign to pursue a new political role. Mayor Chiang Wan-an had officially inked the deal and presented the signed contract on February 10. Earlier, on February 7, the city government confirmed it had negotiated NT$12.2 billion (US$380 million) in royalties with Nvidia. This confirmation, also reported on February 5, detailed the earliest possible signing date for the headquarters agreement as February 11, with preparations for the project in Beitou-Shilin Technology Park underway since 2025.
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