The Taiwan government has cleared Nvidia to establish a NT$3.3 billion (US$105 million) headquarters on the island that produces most of the world’s advanced semiconductors, which the Silicon Valley chip designer will need to feed the red-hot global artificial intelligence sector.
Nvidia would use the Taipei site for a “commercial office” building and the acquisition of land for a “comprehensive business park”, the island’s Ministry of Economic Affairs announced on Wednesday.
The approval came a…